• Open

    Tweede Kaagbaan op Schiphol gaat definitief niet door
    Er komt definitie geen tweede Kaagbaan op luchthaven Schiphol. Minister Mark Harbers (Infrastructuur) heeft maandag besloten om de reservering op een stuk grond in de gemeente Haarlemmermeer op te heffen.  ( 3 min )
    Lonen schieten verder omhoog, bedrijven gaan bezuinigen
    In de cao's die afgelopen maand zijn afgesloten, gaan de lonen met gemiddeld 8,2 procent omhoog. Dat is voor de werkgevers reden tot zorg, zegt werkgeversorganisatie AWVN. Bedrijven zullen daardoor gaan bezuinigen.  ( 3 min )
    Vaker pauze of een tropenrooster helpt bij werken in de hitte
    Na een weekend met warm weer zijn de meeste mensen nu weer aan de slag. Sommigen zoeken de airco op kantoor op, anderen rommelen thuis aan met ventilatoren en flessen bevroren water. Ondertussen wordt druk overlegd over het aanpassen van roosters of verschuiven van werkzaamheden.  ( 5 min )
    UBS rondt overname van voormalige rivaal af
    De Zwitserse bank UBS heeft de overname van zijn voormalige rivaal Credit Suisse afgerond. Door de overname is een van de grootste vermogensbeheerders ter wereld ontstaan. Daarmee is een einde gekomen aan het 167-jarige onafhankelijke bestaan van Credit Suisse.  ( 3 min )
    We hebben 166 beroepen met een tekort aan mensen
    De krapte op de arbeidsmarkt is ongekend. Ons land heeft momenteel 166 beroepen met een tekort aan arbeidskrachten, zo blijkt uit een analyse van uitkeringsinstantie UWV.  ( 3 min )
    Meer bedrijven failliet in mei, vooral in de handel en bouw
    Het aantal faillissementen is in mei opnieuw opgelopen. Afgelopen maand werden zestien bedrijven meer failliet verklaard dan in april. Dat is een stijging van 7 procent. Vooral in de handel en de bouw gingen bedrijven op de fles.  ( 3 min )
    Omrijden voor goedkope benzine loont weer door hogere accijns
    Benzine en diesel worden binnenkort fors duurder door hogere accijnzen. Daarmee worden de prijsverschillen met tankstations in Duitsland en België groter. Dat geldt ook voor de pomp in Luxemburg onderweg naar je vakantiebestemming. Omrijden gaat voor veel automobilisten weer lonen, maar reken je niet rijk.  ( 6 min )
    Tanken over de grens weer interessant door hogere accijnzen
    Benzine en diesel worden binnenkort fors duurder door hogere accijnzen. Daarmee worden de prijsverschillen met tankstations in Duitsland en België groter. Dat geldt ook voor de pomp in Luxemburg onderweg naar je vakantiebestemming. Omrijden gaat voor veel automobilisten weer lonen, maar reken je niet rijk.  ( 5 min )
  • Open

    Stocks to Watch Monday: Biogen, Tesla, Illumina, Oracle
    ↗️ Biogen (BIIB): The biotech company's shares rose nearly 4% premarket after an advisory committee [recommended the Food and Drug Administration approve Leqembi](https://investors.biogen.com/news-releases/news-release-details/fda-advisory-commi  ( 19 min )
    Glencore Offers to Buy Teck Resources’ Coal Assets. It’s the Deal That Won’t Go Away.
    Teck has already rejected two full takeover bids from Glencore, and said last week that it has received several offers for its coal unit.  ( 22 min )
    Exclusive-Broadcom set to win EU nod for $61 billion VMware deal, sources say
    EU antitrust regulators are set to approve with conditions U.S. chipmaker Broadcom's $61 billion proposed acquisition of cloud computing firm VMware, people familiar with the matter said. The European Commission's approval is conditional on Broadcom offering interoperability remedies to rivals to address competition concerns, the people said.  ( 6 min )
    These Stocks Are Moving the Most Today: Biogen, Salesforce, Oracle, Chinook, Illumina, and More
    Biogen stock rises after an advisory committee of the Food and Drug Administration votes in favor of approving the biotech company's Alzheimer’s drug, Salesforce is hosting an AI event, Oracle will report earnings, and Chinook Therapeutics will be acquired by Novartis.  ( 22 min )
    Credit Suisse's Exit From Stock Benchmark Shows Fading Heft of Swiss Financials
    (Bloomberg) -- Credit Suisse Group AG’s imminent exit from the Swiss Market Index is symbolic of the decreasing importance of financial companies to the country’s stock market.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaUBS Completes Credit Suisse Takeover to Create Bank TitanAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareGoldman’s Low US Recession Odds Get It Wrong, Bond Investors  ( 7 min )
    U.S. Stock Futures Rise as Fed Prepares a Pause
    U.S. stock futures advanced early on Monday as the Federal Reserve prepares to pause its campaign of interest-rate increases for the first time in more than a year. The Dow Jones Industrial Average contracts added 0.2%, or 56 points, to 34,260. The S&P 500 rose 0.3%, and the technology-heavy Nasdaq  ( 23 min )
    UBS completes takeover of Credit Suisse in deal meant to stem global financial turmoil
    UBS said Monday that it has completed its takeover of embattled rival Credit Suisse, nearly three months after the Swiss government hastily arranged a rescue deal to combine the country's two largest banks in a bid to safeguard Switzerland’s reputation as a global financial center and choke off market turmoil. A statement from the bank said that “UBS has completed the acquisition of Credit Suisse today, crossing an important milestone."  ( 6 min )
    Novartis Makes $3.5 Billion Bet on Chinook’s Rare Disease Drugs
    (Bloomberg) -- Novartis AG agreed to buy Chinook Therapeutics Inc. for as much as $3.5 billion to add two promising treatments for a rare kidney disease that are currently in late-stage trials.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksUBS Completes Credit Suisse Takeover to Create Bank TitanJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon  ( 7 min )
    Berkshire Hathaway Stock Soars to a High. Hain Celestial Feels the Pain.
    Warren Buffett’s company saw both classes of its shares set intraday 52-week highs in the past week, while shares of Hain, a maker of organic and natural products, dove to a more-than-decade low.  ( 22 min )
    Crypto Resumes Drop After SEC Crackdown Led to Weekend Selloff
    (Bloomberg) -- Cryptocurrencies resumed losses Monday, though staying above their weekend lows, as last week’s regulatory crackdown by the US Securities and Exchange Commission weighed on sentiment.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksUBS Completes Credit Suisse Takeover to Create Bank TitanJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Stur  ( 8 min )
    Oracle Earnings Day Is Here. The Focus is on Cloud and AI.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 21 min )
    Explainer-UBS has Swiss mountain to climb with Credit Suisse
    With its Credit Suisse takeover officially wrapped up, UBS must now make good on its promise that the government-orchestrated rescue will deliver both for shareholders and Swiss taxpayers. Arranged over a weekend in March to stave off a broader banking crisis, and backed by up to 250 billion Swiss francs ($281 billion) in public funds - the tie-up now poses huge challenges and potential rewards for Switzerland and its biggest bank. Switzerland must now contend with a bank whose balance sheet is twice as big as its economy, while Sergio Ermotti, who was brought back in as CEO to oversee the mega merger, faces tough strategic decisions as UBS integrates its smaller rival against an uncertain economic backdrop.  ( 9 min )
    The Stock Market Says the Fed Will Cut Rates Soon. It Just May Be Right.
    Volatile trading in the bond market reflects a less optimistic view. Investors there remain worried that high interest rates will damage the economy.  ( 25 min )
    UBS completes Credit Suisse takeover to become wealth management behemoth
    UBS on Monday said it completed its emergency takeover of embattled local rival Credit Suisse, creating a giant Swiss bank with a balance sheet of $1.6 trillion and greater muscle in wealth management. Commenting on the biggest banking deal since the 2008 global financial crisis, UBS CEO Sergio Ermotti and Chairman Colm Kelleher said "this is the start of a new chapter" in an open letter published in Swiss newspapers. The group will oversee $5 trillion of assets giving UBS, the world's largest wealth manager, a leading position in key markets it would otherwise have needed years to grow in size and reach.  ( 7 min )
    Goldman Sachs Raises S&P 500 View Saying Rally to Broaden Beyond Tech
    (Bloomberg) -- The rally in US equities will broaden beyond megacap technology names if history is any guide, Goldman Sachs Group Inc. strategists said in a report raising their year-end target for the S&P 500.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeThere’s More Troubl  ( 8 min )
    Oracle Earnings Day Is Here. The Focus is on Cloud and AI.
    Oracle shares have been on fire as the market begins to see the company as a major play on artificial intelligence.  ( 22 min )
    China's property sector set to be persistently weak for years -Goldman
    China's property sector is expected to grapple with "persistent weakness" for years, Goldman Sachs analysts said, adding that its problems would continue to drag on the country's economic growth. Weaknesses are particularly pronounced in lower-tier cities and private developer financing, they said in a client note, adding that policymakers, who have vowed not to use the sector as a short-term lever to spur growth, seem keen for there to be less economic and fiscal reliance on the industry. "As such, we only assume an 'L-shaped' recovery in the property sector in coming years," the note said.  ( 7 min )
    Nio Cuts Prices on All Electric Vehicles by $4,200 in China
    (Bloomberg) -- Electric-vehicle maker Nio Inc. slashed starting prices on all of its models in China by 30,000 yuan ($4,200), days after reporting a worse-than-expected quarterly loss.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksUBS Completes Credit Suisse Takeover to Create Bank TitanJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested  ( 7 min )
    Jerome Powell’s Big Problem Just Got Even More Complicated
    The central bank aims to avert financial instability while also fighting inflation—predicaments that frequently call for opposite policies.  ( 24 min )
    Chinese tech groups suffer as foreign investors take flight
    Geopolitical tension and poor economic recovery drive stock price falls and funding shortages  ( 11 min )
    Hedge Fund Bond Bears Are Relentlessly Shorting Treasuries
    (Bloomberg) -- Hedge funds extended their record selling streak of short-dated Treasuries amid bets the Federal Reserve’s fight with inflation is far from done. Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeThere’s More Trouble Coming for Regional Banks Leveraged investors b  ( 8 min )
    Asian Equities Mixed as Traders Eye Rate Decisions: Markets Wrap
    (Bloomberg) -- Asian stocks were set for a cautious open while major currencies traded in narrow ranges early Monday as traders braced for a week that brings interest rate decisions from the US and Europe to China and Japan.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeOdey  ( 8 min )
    China's Nio cuts prices, ends free battery swapping as sales slide
    China's electric vehicle maker Nio said on Monday it would cut prices by 30,000 yuan ($4,198.74) for all models including its revamped ES6 and ES8 sports utility vehicles from June 12. Nio would no longer provide free battery swapping services to new buyers, the company also said in the same statement. ($1 = 7.1450 Chinese yuan renminbi)  ( 6 min )
    China struggles with weak post-COVID economic recovery
    Sales of Yizhuan Automobile Co.’s trash trucks picked up after China ended anti-virus controls in December, but their growth is in low gear as managers struggle to rebuild business lost during the pandemic. China’s economy rebounded at the start of 2023, but after a good first quarter, factory output and consumer spending are weakening. Yizhuan’s sales are up only by single-digit percentages from last year's depressed level, according to its deputy general manager, Yu Xiongli.  ( 9 min )
    Bank of Korea Warns of Financial Risk as Real Estate Loans Fail
    (Bloomberg) -- Bank of Korea Governor Rhee Chang-yong flagged growing financial sector risks amid a rise in real estate loan delinquencies— even as the broader housing market slowly recovers.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeOdey Sacked From His Hedge Fund Firm A  ( 6 min )
    Oil edges lower ahead of Fed meeting
    Oil prices edged lower on Monday ahead of a Federal Reserve meeting as investors try to gauge the central bank's appetite for further rate hikes, while concerns about China's fuel demand growth and rising Russian crude supply weighed on the market. Brent crude futures fell 29 cents, or 0.4%, to $74.50 a barrel by 0058 GMT. U.S. West Texas Intermediate (WTI) crude was at $69.93 a barrel, down 24 cents, or 0.3%.  ( 7 min )
    Gold listless as markets strap in for Fed verdict
    (Reuters) -Gold prices dipped on Monday as the U.S. dollar edged higher, and investors positioned for a series of major central bank policy meetings this week, with a likely pause in interest rate hikes by the U.S. Federal Reserve. "While the Fed is expected to hold their interest rate, they are unlikely to deliver a dovish undertone required to tempt gold bulls back to the table in a meaningful way," said Matt Simpson, senior market analyst at City Index. Gold prices climbed 0.7% for the week ended Friday, helped by a more-than-1% jump on Thursday after a surge in U.S. weekly jobless claims.  ( 7 min )
    Billionaires Steve Cohen and Ken Griffin Have One Thing in Common: They Both Like These 2 ‘Strong Buy’ Stocks
    Is there a right way to invest? Not really. Each person has their own individual style, but what ultimately matters are the results. This holds especially true in the realm of investing, where even the most successful stock pickers on Wall Street employ diverse strategies to achieve their goals. And what are those goals? Big returns, of course. Take Billionaires Steve Cohen and Ken Griffin, for example. Both have had incredible careers, but each’s route to riches has been distinct. Griffin, who  ( 10 min )
    Oil Extends Losses on Demand Woes as Goldman Cuts Outlook Again
    (Bloomberg) -- Oil held losses amid persistent concerns around the demand outlook as Goldman Sachs Group Inc. cut its price forecast again.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeOdey Sacked From His Hedge Fund Firm After Assault AllegationsBrent futures traded below $  ( 7 min )
    Fed Will Keep Rates High Thanks to Inflation Fueled by Corporate Greed, Investors Say
    (Bloomberg) -- Soaring corporate profits are a big part of the inflation problem, and keeping interest rates high is the best way to rein them in, according to Bloomberg’s latest poll of professional and retail investors.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeOdey Sac  ( 9 min )
  • Open

    What Is Share Capital? Definition, How It Works, and Types
    Share capital is the money a company raises by issuing shares of common or preferred stock. The total is listed in the company's balance sheet.  ( 22 min )
    What Does Ex-Dividend Mean, and What Are the Key Dates?
    Ex-dividend is a classification in stock trading that indicates when a declared dividend belongs to the seller rather than the buyer.  ( 24 min )
    Who Is Ann S. Moore? What Is Ann S. Moore Known for?
    Ann S. Moore is most famous as the first female CEO of magazine company Time, Inc. until it was acquired by Meredith Corporation in February 2018.  ( 21 min )
    Who Is Larry Ellison? What Is He Famous For?
    As founder and CEO of software giant Oracle, Larry Ellison built the company that revolutionized how businesses access and use data.  ( 23 min )

  • Open

    Introduction to Elliott Wave Theory
    Acquaint yourself with Elliott Wave Theory, the principle built on the observation that stock markets do not behave in a chaotic manner.  ( 24 min )
    IESE Business School Definition
    IESE Business School is a graduate business school located at the University of Navarra in Barcelona, Spain.  ( 19 min )
    Should You Buy Property on Leased Land?
    Here are some things for you to consider before investing in a leased-land property should the opportunity arise.  ( 23 min )
    Time Draft
    A time draft is a form of short-term credit used for financing transactions of goods in international trade with a bank standing between the two parties.  ( 18 min )
    Brand: Types of Brands and How to Create a Successful Brand Identity
    A brand is a unique identity for a product and service that is created to distinguish it from its competitors. Learn why creating a brand is critical to successful marketing.  ( 29 min )
    Credit Reporting Agency Definition
    A credit reporting agency is a business that maintains historical credit information on individuals and businesses. Learn how credit reporting agencies work.  ( 21 min )
    Form 1098: Mortgage Interest Statement and How to File
    Form 1098 is an IRS form used by taxpayers to report the amount of interest and related expenses paid on a mortgage during the tax year when the amount totals $600 or more.  ( 26 min )
    5 Basic Methods for Risk Management
    The basic methods for risk management can apply to all facets of an individual's life—especially health—and can pay off in the long run.  ( 21 min )
    Winsorized Mean: Formula, Examples and Meaning
    Winsorized mean is an averaging method that involves replacing the smallest and largest values of a data set with the observations closest to them.  ( 18 min )
    Constructive Receipt: Definition, How It Works, Example
    Constructive receipt is when cash has not been physically received, but the individual or business can still control or utilize the money.  ( 19 min )
    What Are the Most Famous Monopolies?
    Without market competition, the most famous monopolies in history effectively set the national price for the goods and services they monopolized.  ( 24 min )
    Which States Don’t Tax Social Security Benefits?
    Of the 50 U.S. states, 39 and the District of Columbia do not levy a tax on Social Security benefits.  ( 30 min )
    Durbin Amendment Definition
    A federal measure called the Durbin Amendment introduced limits on transaction fees collected when debit card purchases are made.  ( 20 min )
    Data Analyst: Career Path and Qualifications
    Explore the opportunities for data analysts. Learn about skills, qualifications, career paths, salaries, and more.  ( 22 min )
    Buying a Home: 8 Disclosures Sellers Must Make
    If you're selling a home and don't tell potential buyers about potential issues and hazards, you could end up in court. Here's how to stay out of trouble.  ( 27 min )
    Cost Per Thousand (CPM) Definition and Its Role in Marketing
    Cost per thousand or CPM is a marketing term that's used to denote the cost an advertiser pays per one thousand advertisement impressions on a web page.  ( 23 min )
    The Ins and Outs of Seller-Financed Real Estate Deals
    A mortgage isn't the only way to finance a home. One alternative is seller financing, where the seller takes on the role of lender. Learn how it works.  ( 27 min )
    Calculate Depreciation: Methods and Interpretation
    Depreciation accounts for decreases in the value of a company’s assets over time. Learn about different methods of calculating depreciation expenses.  ( 22 min )
    How Social Security Works After Retirement
    Here's how to maximize the Social Security benefits you receive and minimize the taxes you pay on them when you are in retirement.  ( 28 min )
    Theranos: A Fallen Unicorn
    The saga of Theranos, a unicorn biotech startup, and its enigmatic CEO, Elizabeth Holmes, from the rise to the fall and its aftermath.  ( 25 min )
    Millennials Guide: Picking the Right Car Insurance
    Millennials fall into the category of high car insurance rates but this guide will help you find the best auto policy to suit your needs and pocketbook. Check out some of the ways to save money, like owning an older car or leasing a vehicle.  ( 22 min )
    Introduction to Accounting Information Systems – AIS
    Learn what an accounting information system (AIS) is and the six main parts of this indispensable business asset for managing a company's financial data.  ( 29 min )
    How and Why Google Glass Failed
    While Google Glass is off the market for now, the invention, which was a shot in the dark, never wanted to save the world—it just wanted to help.  ( 19 min )
    Top Communications Stocks for June 2023
    Vodafone Group, InterDigital, and Opera lead the industry for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Millennial Homeownership Still Lagging Behind Previous Generations
    Millennials are buying homes at a lower rate than generations before, with high housing prices, the lack of entry-level homes, and the dearth of new builds particularly impacting millennials.  ( 22 min )
    Copyright Explained: Definition, Types, and How It Works
    Copyright is the exclusive right that the owner of an intellectual property has to that property. It protects a creator's work from unauthorized duplication or use.  ( 22 min )
    Return on Investment vs. Internal Rate of Return: What's the Difference?
    Internal rate of return (IRR) and return on investment (ROI) are two popular ways to measure the success of investments. Learn the differences between them.  ( 23 min )
  • Open

    Stocks Poised for Muted Open
    The Bureau of Labor Statistics will report the May consumer price index on Tuesday, and the Federal Open Market Committee makes its monetary-policy decision on Wednesday.  ( 22 min )
    Which States Don’t Tax Social Security Benefits?
    Of the 50 U.S. states, 39 and the District of Columbia do not levy a tax on Social Security benefits.  ( 30 min )
    5 Solar Stocks For Long-Term Gains
    Amidst decreasing solar material costs and increased investment in the solar sector, this article highlights five promising solar stocks for long-term investors to consider.  ( 11 min )
    UBS to impose restrictions on Credit Suisse bankers after takeover complete, FT says
    Bloomberg News reported on Saturday that the emergency takeover of Credit Suisse by UBS will close on Monday. UBS has come up with a list of nearly two dozen "red lines" that prohibit Credit Suisse staff from a range of activities, which include taking on clients from countries such as Libya, Russia, Sudan and Venezuela and launching new products without approval from UBS managers, the FT report added. Credit Suisse declined to comment, while UBS did not immediately respond to a Reuters request for comment.  ( 7 min )
    These bellwether stocks have flashed a larger market signal of underlying economic strength
    No content preview
    Tesla fuels an EV charging standards war
    Two legacy U.S. automakers deciding to integrate Tesla charging tech into their next-generation of EVs, starting in 2025. As TC's Rebecca Bellen reported, when Tesla announced last year it would share its EV charging connector design to encourage automakers to adopt the technology and help make it the new standard in North America, few, if any, predicted competitors would bite. Now, it seems that the Tesla standard — dubbed the North American Charging Standard — is gaining some ground.  ( 12 min )
    Home Depot, Adobe, Oracle, the Fed, Inflation, and More to Watch This Week
    The Federal Reserve is expected to pause interest-rate increases. Plus, May CPI inflation is expected to slow. And we’ll see earnings reports from Oracle, Adobe, Lennar, and Kroger.  ( 22 min )
    Crop Trader Bunge Is Said to Near Deal to Buy Glencore’s Viterra
    (Bloomberg) -- US agribusiness Bunge Ltd. is near a deal to acquire Glencore Plc-backed Viterra, people familiar with the matter said, creating a giant capable of competing with the world’s biggest agricultural players.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareAs Fed Signals Rate Pause, Powell Will Have to Placate HawksOdey Sacked From His Hedge Fund Firm After Assault AllegationsUK Political  ( 8 min )
    Glencore Approaches Teck Over Its Coal Business
    The commodities giant is willing to buy Teck’s unit as an alternative to a full merger.  ( 28 min )
    The Fed's fight against inflation hasn't caused a recession in the US yet, but it could lead to a global downturn
    No content preview
    How Social Security Works After Retirement
    Here's how to maximize the Social Security benefits you receive and minimize the taxes you pay on them when you are in retirement.  ( 28 min )
    Goldman Sachs Slashes Brent Outlook to Below $90 by Year-End
    (Bloomberg) -- Goldman Sachs Group Inc., one of the most bullish banks on the outlook for oil, has once again lowered its price forecasts amid increasing global supplies and waning demand.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareOdey Sacked From His Hedge Fund Firm After Assault AllegationsAs Fed Signals Rate Pause, Powell Will Have to Placate HawksScotland’s Nicola Sturgeon Arrested in SNP  ( 7 min )
    This year’s market moves are outside consensus expectations - in a bullish way
    It is incredibly difficult to predict short-term moves with any accuracy, even when you know where the fundamentals are headed.  ( 11 min )
    Many insured older Americans face unpaid medical bills
    Medical debt for older Americans with health insurance is on the rise.  ( 9 min )
    IRS gets major power to request private tax info after Supreme Court decision
    The Supreme court ruled in favor of the IRS in recent case, allowing it to request third party information without notification.  ( 9 min )
    Inflation's easing. Do Americans still need their I bond protection? Experts weigh in
    Americans snatched up I bonds amid 40-year inflation in 2022. Now that prices are cooling and rates are rising, I bonds are losing their luster.  ( 8 min )
    What investors want to know about the SEC's crypto crackdown
    What do the SEC's two lawsuits against Binance and Coinbase mean for the industry?  ( 11 min )
    Illumina CEO Francis deSouza Resigns Amid Regulatory Hurdles, Proxy Fight
    Activist investor Carl Icahn has signaled he wants former CEO Jay Flatley to return to gene-sequencing test maker.  ( 29 min )
    Inflation and the Fed: What to know this week
    Inflation and the Fed's commentary on fiscal policy will be closely tracked as investors digest what will come of the new bull market.  ( 11 min )
    Tech, an Early Booster of Remote Work, Wants People Back in the Office
    The reversal is creating tension for workers who adjusted to the flexibility gained during the pandemic and arranged their lives accordingly.  ( 27 min )
    Goldman’s Low US Recession Odds Get It Wrong, Bond Investors Say
    (Bloomberg) -- US stocks are back in a bull market and the American economy has consistently outperformed expectations, leading some firms to suggest the threat of recession has eased, if not altogether passed.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaThere’s More Trouble Coming for Regional Banks Fed Is Set to Pause and Assess the  ( 8 min )
    Illumina CEO DeSouza Resigns Following Pressure From Icahn
    (Bloomberg) -- Illumina Inc.’s board accepted the resignation of Chief Executive Officer Francis deSouza, handing a victory to activist investor Carl Icahn who had been seeking his removal.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeGoldman’s Low US Recession Odds Get It W  ( 7 min )
    How Do I Know If I'm Disqualified From Long-Term Care Insurance?
    No content preview
    Ready For Retirement? Make Sure You Know About IRA Recharacterizations First
    Contributing money to a traditional or Roth IRA can help you save money for retirement on a tax-advantaged basis. Should you make a mistake with contributions or change your mind about them, IRA recharacterization allows you to correct it. Recharacterizing … Continue reading → The post IRA Recharacterization: Retirement Guide appeared first on SmartAsset Blog.  ( 9 min )
    How Long Will $10 Million Last Me If I Retire at 40?
    Retiring at 40 really can mean enjoying retirement in your (relative) youth. The question is, what does it take to make that possible? If you are lucky enough to have set aside $10 million, can that get the job done? … Continue reading → The post Can You Retire Comfortably at 40 With $10 Million? appeared first on SmartAsset Blog.  ( 11 min )
    When Does It Really Pay to Buy Long-Term Care Insurance?
    If you were ever to become disabled or suffer a chronic illness or age-related debility that requires you to pay for help feeding and dressing yourself or similar assistance for an extended period, long-term care insurance could be a valuable … Continue reading → The post When to Buy Long-Term Care Insurance appeared first on SmartAsset Blog.  ( 9 min )
    Can I Organize My Way Into Lower Tax Liabilities?
    Taxes are unavoidable but that doesn't mean you have to pay more than you owe. What happens to your tax liability with proper financial planning? The simple answer is that it can allow you to minimize what you owe while … Continue reading → The post What Happens To Your Tax Liability With Proper Financial Planning? appeared first on SmartAsset Blog.  ( 10 min )
    Stocks Traders Eyeing Fed Pause Hedge Rally With Call Options
    (Bloomberg) -- Investors are loading up on call options as they brace for a pivotal Federal Reserve decision that’s set to dictate the tone for equities heading into the second half of 2023. Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareThere’s More Trouble Coming for Regional Banks Crypto Weekend Slump Compounds Jitters of Investors Already on EdgeFed Is Set to Pause and Assess the Effect of  ( 9 min )
    What's the secret of the best stock pickers in Congress? AI.
    The political leaders doing well as investors during the early part of this year bet on technology stocks. They also happen to be Democrats.  ( 8 min )
    As Fed Signals Rate Pause, Powell Will Have to Placate Hawks
    (Bloomberg) -- Federal Reserve officials are ready to take a breather after more than a year of driving up interest rates, a move that’s likely to be accompanied by a strong signal that they’re prepared to keep hiking if needed.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareThere’s More Trouble Coming for Regional Banks Crypto Weekend Slump Compounds Jitters of Investors Already on EdgeFed Is  ( 9 min )
    Illumina CEO Francis DeSouza resigns
    Illumina said on Sunday that it had appointed Charles Dadswell as interim chief executive officer while the board conducts a search for a new CEO.  ( 6 min )
    Oil Traders Are Daring to Defy Market Kingpin Saudi Arabia
    (Bloomberg) -- Oil traders are starting to ignore the most important person in the market. It could prove a risky gambit.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareThere’s More Trouble Coming for Regional Banks Crypto Weekend Slump Compounds Jitters of Investors Already on EdgeFed Is Set to Pause and Assess the Effect of Rate HikesA week ago, Saudi Arabian Energy Minister Prince Abdulaziz  ( 10 min )
    Planet Fitness Stock Is Sliding. CEO Chris Rondeau Bought Shares.
    Gym chain Planet Fitness has been rocked by disappointing earnings, and the departure of a top executive. CEO Chris Rondeau scooped up shares.  ( 22 min )
    ‘Decade of Emerging Markets’ May Be About to Regain Traction
    (Bloomberg) -- Emerging-market bulls are still upbeat on the asset class, even after China’s highly-touted reopening rally fizzled and proved Wall Street’s early 2023 optimism to be misplaced.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareThere’s More Trouble Coming for Regional Banks Crypto Weekend Slump Compounds Jitters of Investors Already on EdgeFed Is Set to Pause and Assess the Effect o  ( 10 min )
    Top Communications Stocks for June 2023
    Vodafone Group, InterDigital, and Opera lead the industry for best value, fastest growth, and most momentum, respectively.  ( 23 min )
    Shell CEO Takes U.K. Oil Giant’s Pitch Direct to Wall Street
    Wael Sawan signals openness to more oil production in an effort to woo investors.  ( 29 min )
    Tech war: China to host first supply chain expo to bolster global position amid US 'de-risking'
    The inaugural China International Supply Chain Expo is set to kick off in Beijing on November 28, as the world's second-largest economy seeks to protect its key role in global manufacturing amid intensified trade restrictions imposed by the United States and its allies. The five-day event, which is themed "connecting the world for a shared future", aims to "help Chinese firms participate more deeply in the global industrial division of labour" and "promote the building of resilient global supply  ( 7 min )
    Schroders, BNP Paribas among foreign firms rushing to tap China's US$18 trillion wealth-management opportunity
    No content preview
    ETF Flows Sputter as Investors Favor Defensive Strategies
    Risk-averse investors aren’t rushing to chase a new bull market.  ( 28 min )
    Tesla tightens grip on EV-charging space: This week in EVs
    Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: GM allies with Tesla; charging startups in need of a boost; all eyes on Stellantis.  ( 8 min )
    How Thatcher’s Canary Wharf legacy became a debt-ridden millstone
    Perched inside a pile driver in East London in May 1988, Margaret Thatcher attempted to operate heavy machinery clad in her trademark skirt suit, high heels and pearl earrings.  ( 16 min )
    Air-Bag Parts Maker Refusing U.S. Recall Request Had Workplace-Safety Woes
    ARC Automotive, the Chinese-owned maker of 67 million air-bag inflators that regulators want recalled, has faced safety violations and litigation over allegedly flawed parts.  ( 29 min )
    Supply chain diversification apparent in freight market
    There has definitely been a sustainable shift in how freight is distributed do The post Supply chain diversification apparent in freight market appeared first on FreightWaves.  ( 8 min )
  • Open

    NU+ | Na overlijden leven we online onbedoeld nog jaren door
    Ons leven speelt zich steeds meer af op het internet. Als we overlijden, verdwijnt ons lichaam in een kist. Maar online leef je nog jaren door als je je digitale erfenis niet goed regelt voor je nabestaanden.  ( 6 min )
    NU+ | De toegang tot ons digitale leven nemen we vaak mee in ons graf
    Ons leven speelt zich steeds meer af op het internet. Als we overlijden, verdwijnt ons lichaam in een kist. Maar online leef je nog jaren door als je je digitale erfenis niet goed regelt voor je nabestaanden.  ( 6 min )
    Bekende Britse belegger ontslagen na beschuldigingen seksueel wangedrag
    De Britse beleggingsfirma Odey Asset Management heeft oprichter Crispin Odey op straat gezet na nieuwe beschuldigingen van seksueel wangedrag. Het hedgefonds wil niets meer met de Britse belegger te maken hebben.  ( 3 min )
    NU+ | Wat doet en verdient een verkeersleider bij ProRail?
    Zorgen dat het treinverkeer soepel verloopt, is een belangrijke taak van de verkeersleiders bij ProRail. Zorgen dat dit veilig gebeurt, is nóg belangrijker. Veiligheid gaat voor alles en dat kan weleens botsen met het belang om reizigers zo snel mogelijk op de juiste plek te krijgen.  ( 4 min )
    Tesla zoekt leveranciers en klanten in Mexico
    Tesla is op zoek naar lokale leveranciers van onderdelen in Mexico. De Amerikaanse fabrikant van elektrische auto's bereidt zich voor op de bouw van zijn eerste fabriek in het land. Het bedrijf zoekt ook naar Mexicanen die de auto's willen kopen.  ( 4 min )
    Tesla zoekt leveranciers in Mexico en wil er ook meer klandizie
    Tesla is op zoek naar lokale leveranciers van onderdelen in Mexico. De Amerikaanse fabrikant van elektrische auto's bereidt zich voor op de bouw van zijn eerste fabriek in het land. Het bedrijf is ook aan het zoeken naar Mexicanen die de auto's willen kopen.  ( 4 min )
    Kleinere crypto's kelderen in waarde na optreden Amerikaanse toezichthouder
    Met name kleinere cryptomunten zijn flink in waarde gedaald nadat de Amerikaanse toezichthouder SEC de cryptobeurzen Coinbase en Binance heeft aangeklaagd. Dat gebeurde wegens het schenden van de regels voor beurshandel en misleiding van beleggers en toezichthouders. Cryptobeleggers vrezen dat er steeds meer strenge regels rond crypto's gaan komen.  ( 4 min )

  • Open

    How Does a Simplified Employee Pension (SEP) IRA Work?
    Learn how a simplified employer pension (SEP) IRA works. Find out who qualifies to participate and what advantages it offers for retirement planning.  ( 25 min )
    Hanging Man Candlestick Pattern Explained
    A Hanging Man pattern is a candlestick pattern that hints at the reversal of an uptrend and is used by investors to make trading decisions.  ( 25 min )
    The Consequences of Overdrawing a Checking Account
    Checking accounts can become negative if you have an overdraft protection program without fund transfer capabilities, but the consequences will be costly.  ( 25 min )
    Estate Planning: 16 Things to Do Before You Die
    Estate planning goes beyond drafting a will. Use this pre-death checklist to account for your assets and ensure they are dispersed as you wish,  ( 32 min )
    Retainer Fee Meaning, Uses, Example, and How It Works
    A retainer fee is an amount of money paid upfront to secure the services of a lawyer, consultant, freelancer, or other professional.  ( 20 min )
    What Is a Bank Reconciliation Statement, and How Is It Done?
    A bank reconciliation statement summarizes banking activity, allowing individuals and companies to compare their own records with the bank’s records.  ( 24 min )
    Hersey-Blanchard Situational Leadership Model: How It Works
    The Hersey-Blanchard Model suggests there is no single leadership style that is better than another.  ( 19 min )
    Financial Planner vs. Financial Advisor: What’s the Difference?
    When scanning the financial advisor landscape, a financial advisor and a financial planner are both very broad categories. Here are the differences.  ( 24 min )
    Chart of Accounts (COA) Definition: Examples and How It Works
    A chart of accounts (COA) is a document that organizes a company’s financial transactions by category and line item to make accessing financial information easier.  ( 24 min )
    Control of Well Insurance Definition
    Control of well insurance covers some or all of the costs associated with a well blowout.  ( 20 min )
    Top Materials Stocks for June 2023
    Cemex, Albermarle, and Snowline Gold lead for value, growth, and momentum, respectively.  ( 22 min )
    ‘This Is Not Financial Advice’ Shows Human Side of Crypto, Meme Craze, and Influencers
    Screening at the Tribeca Film Festival June 2023, the documentary follows the multi-million dollar rise and fall of crypto-influencer Glauber Contessoto.  ( 17 min )
    Delisting: What It Means and How It Works for Stock Shares
    Delisting is the removal of a security from a stock exchange.  ( 24 min )
    The Bond Buyer Definition
    The Bond Buyer is a trade publication for members of the municipal bond industry that began as a daily newspaper over 100 years ago.  ( 19 min )
    Formula for Calculating Internal Rate of Return (IRR) in Excel
    Understand how to calculate the internal rate of return (IRR) in Excel and how it's used to determine anticipated yield per dollar of capital investment.  ( 23 min )
  • Open

    How Does a Simplified Employee Pension (SEP) IRA Work?
    Learn how a simplified employer pension (SEP) IRA works. Find out who qualifies to participate and what advantages it offers for retirement planning.  ( 25 min )
    Wall Street eyes homebuilder stocks as investors prepare for the housing market’s next move
    Deutsche Bank says they've gone from "cautiously optimistic to decisively bullish on new residential construction"  ( 8 min )
    Estate Planning: 16 Things to Do Before You Die
    Estate planning goes beyond drafting a will. Use this pre-death checklist to account for your assets and ensure they are dispersed as you wish,  ( 32 min )
    Picking and Choosing Tokens to Prosecute Is 'Pretty Unfair,' Says Former SEC Cyber Chief
    Robert Cohen says the SEC's selective enforcement is having a "real impact on real people and real businesses.”  ( 6 min )
    Apple unveils the Vision Pro, iOS 17 brings new features, and WhatsApp launches Channels
    It's where we highlight the key stories in the week that was (Apple Vision Pro, anyone?) and other goings on around the TC universe, like the analyses on TC+, our premium subscription service, plus TechCrunch's growing collection of podcasts. It's an embarrassment of content, if I do say so myself -- and hopefully a welcome reprieve for those on the East Coast who've been inundated with smoke from the Canadian wildfires. Apple Vision Pro: TC's intrepid editor-in-chief, Matthew, went hands-on with the Vision Pro, Apple's first attempt at an augmented reality (AR) headset, announced at the company's annual Worldwide Developers Conference (WWDC) keynote -- and came away impressed.  ( 8 min )
    'New bull market has legs': These are the 5 questions investors should ask now that the bear market is officially over
    No content preview
    Economists predict at least two more US rate rises to quell stubborn inflation
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Musk’s refusal to pay rent adds to Goldman bad property loans
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Bond Traders Brace for Fed Meeting Fraught with Wildcards, Risks
    (Bloomberg) -- The risks for bond investors from next week’s Federal Reserve meeting go well beyond whether officials decide to raise interest rates again.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsSmoky Air Returning to NYC, US Northeast After a Brief ReprieveFor  ( 8 min )
    Fed Is Set to Pause and Assess the Effect of Rate Hikes
    (Bloomberg) -- Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15 months ago, even as they confront a resilient US economy and persistent inflation.Most Read from BloombergJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareOdey Sacked From His Hedge Fund Firm After Assault AllegationsAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeTrump’  ( 10 min )
    This Week in Coins: Market Crashes as SEC Slams Binance and Coinbase
    It was a relentless week of enforcement actions by the SEC against crypto’s major players.  ( 8 min )
    Factbox-Who are Crispin Odey and the hedge fund Odey Asset Management?
    WHO IS CRISPIN ODEY AND ODEY ASSET MANAGEMENT? Odey, 64, founded his asset management firm in 1991. Odey Asset Management (OAM) is known for highly leveraged bets trading global equities, debt, currencies and commodities.  ( 7 min )
    Crispin Odey ousted from hedge fund in wake of sexual misconduct allegations
    Crispin Odey, the high-profile City financier and Conservative party donor, has been ousted from the hedge fund he founded following a string of sexual harassment claims.  ( 6 min )
    Nigeria’s Suspended Central Bank Governor Taken Into Custody
    (Bloomberg) -- Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeSmoky Air Returning to NYC, US Northeast After a Brief ReprieveAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsNigeria’s secret police took the nation’s suspended central bank governor into custody, hours after he was removed by the nation’s new president  ( 7 min )
    Nike Broke Up With Retailers. Now It’s Trying to Win Them Back.
    The sneaker maker’s strategy seeks to shed excess product as inflation pinches consumers’ budgets.  ( 28 min )
    Credit Suisse CEO memo signals UBS deal to close Monday
    On Friday, UBS Chief Executive Sergio Ermotti hinted the takeover of Credit Suisse would close on Monday, the earliest expected date. UBS declined to comment, while Credit Suisse did not immediately respond to a Reuters request for comment.  ( 7 min )
    Homeowners face shortfalls in their escrow accounts as costs rise
    56% of homeowners indicated that their escrow payment increased in the last 12 months, up from 51% in 2021 and 49% in 2020.  ( 10 min )
    Chinese car makers hold talks with UK officials about manufacturing in Britain
    Chinese car makers including Chery have held talks with UK officials about manufacturing in Britain in a potential boost for the country’s under-pressure auto industry.  ( 8 min )
    Odey Sacked From His Hedge Fund Firm After Assault Allegations
    (Bloomberg) -- Odey Asset Management has removed its founder Crispin Odey from the firm’s partnership in a stunning turn of events for the famed hedge fund manager who is facing fresh sexual assault allegations. Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsSmoky Air  ( 8 min )
    Crispin Odey to leave hedge fund he founded after assault allegations
    Hedge fund manager Crispin Odey is leaving Odey Asset Management's partnership following allegations of sexual misconduct, the firm's executive committee said in a statement on Saturday. The Financial Times and Tortoise, in a joint publication on Thursday, reported allegations by 13 women that Crispin Odey had sexually assaulted or harassed them over a 25-year period.  ( 5 min )
    Cryptocurrency Crumble: Bitcoin Falls, Smaller Digital Coins Plunge In Wake Of SEC Crackdown
    No content preview
    More Financial Advisors are Using ChatGPT Than You Think. Is That a Bad Thing?
    While the onslaught of artificial intelligence (AI), specifically ChatGPT, has proven to be a sudden and bumpy transition, financial advisors – among many other industries – have eagerly begun trying to fit the technology into their practices. The AI chatbot has the … Continue reading → The post 60% of Financial Advisors Use or Are Interested in Using ChatGPT – 2023 Survey appeared first on SmartAsset Blog.  ( 7 min )
    Schwab: Lower Your Tax Bill By ‘Bunching' Your Charitable Deductions
    Donating to charity isn't just a way to have a positive impact on society – it's also a savvy approach to reducing your tax liability. Schwab suggests people who donate to charity on an annual basis may want to consider … Continue reading → The post Schwab Says Lower Your Tax Bill By ‘Bunching' Your Charitable Deductions appeared first on SmartAsset Blog.  ( 8 min )
    How Long Will $800,000 Last Me in Retirement?
    Saving for retirement is one of the most important parts of securing your financial future. While programs like Social Security can help, they often aren't enough on their own. This is why it is crucial to have retirement savings of … Continue reading → The post How Long Will $800,000 Last in Retirement? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Make More Money With Impact Investing or ESG?
    Impact investing is a strategy for using your money to create or affect positive change by investing in things that will do good in the future. ESG, on the other hand, is a framework for evaluating and selecting investments based … Continue reading → The post Impact Investing vs. ESG appeared first on SmartAsset Blog.  ( 9 min )
    Is It Better to Have a Lower Interest Rate or APR For Your Mortgage?
    When you're buying a home, a lot of pieces have to fall into place. You may come across unfamiliar terms, like escrow and title insurance. One such term is mortgage APR or annual percentage rate. Knowing how to get a … Continue reading → The post What Is a Mortgage APR? appeared first on SmartAsset Blog.  ( 8 min )
    6 Hidden Benefits of Roth IRAs
    Opening an individual retirement account is an excellent step in retirement planning. However, you'll face a choice when doing so: will you pick a Roth or traditional IRA? Your contributions to one count towards the total annual limit for both … Continue reading → The post 6 Top Benefits of Roth IRAs appeared first on SmartAsset Blog.  ( 10 min )
    Is an IRA Transfer or Rollover Better For Me, Money-Wise?
    Anyone who's ever put together furniture or hung a picture on a wall knows the difference between a screw and a nail. While they may look alike, they have distinct purposes and applications. The same can be said for an … Continue reading → The post IRA Transfer vs. Rollover: What's the Difference? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Make More Money If I Roll Over My 401(k) Into An Annuity?
    When you leave a job where you had a 401(k) it's important to understand what your options are for rolling over your tax-advantaged plan. Cashing out is another option but can result in significant taxes. Many choose to roll their … Continue reading → The post How to Roll Over Your 401(k) Into An Annuity appeared first on SmartAsset Blog.  ( 13 min )
    Do I Really Still Need a Financial Advisor After I Retire?
    Managing your money never entirely stops, especially since retirement means living exclusively off of your assets and investments. That said, your involvement with your money can change considerably. After a life spent actively building your portfolio, choosing assets and trying … Continue reading → The post Do You Need a Financial Advisor After You Retire? appeared first on SmartAsset Blog.  ( 8 min )
    GameStop Needs Ryan Cohen More Than Ever to Maintain Meme Status
    (Bloomberg) -- GameStop Corp.’s revolving leadership door and an unclear strategy to compete in the video-game retail industry has puzzled Wall Street analysts. For its legions of retail traders, however, what matters most is Ryan Cohen.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeThere’s More Trouble Coming for Regional Bank  ( 9 min )
    This Summer, Lifeguards Have Better Job Prospects Than Office Interns
    Employers are turning to young workers and raising wages to fill openings.  ( 24 min )
    Cut Off From Headquarters: Global Fund Managers Are Stuck in China’s Black Box
    Some things global mutual-fund managers in China can’t tell their bosses back home: how much they have invested in individual stocks, how their funds are doing and who their clients are.  ( 29 min )
    Boeing Leads 5 Dow Jones Giants Near Buy Points
    No content preview
    Fed Is First to Reach Crucial Junction in Global Inflation Fight
    (Bloomberg) -- The world’s major central banks are approaching a critical juncture in their fight against inflation, with the route they ultimately choose set to impact the economy for years to come.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsSmoky Air Returning to  ( 10 min )
    Being a Utility Executive Is Getting Harder. Tesla Is to Blame.
    Forget investing in infrastructure and earning a regulated rate of return. The utility business is getting more complicated, which creates opportunities.  ( 22 min )
    The S&P 500 has entered a bull market. Here's what history says will happen next
    In the 12 months after a bull market starts, the S&P 500 usually sees outsized returns.  ( 7 min )
    Top Materials Stocks for June 2023
    Cemex, Albermarle, and Snowline Gold lead for value, growth, and momentum, respectively.  ( 22 min )
    Grilling Hasn’t Been This Cheap in Years
    U.S. propane prices have dropped more than 50% over the past year despite record exports.  ( 28 min )
    Charting the Global Economy: Weak Trade Shows China Struggling
    (Bloomberg) -- Fresh trade data out of China added to evidence that the world’s second-largest economy is struggling for traction.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsSmoky Air Returning to NYC, US Northeast After a Brief ReprieveIn Germany, another decline i  ( 8 min )
    Rheinmetall could be worth 17 billion euro over medium term-CEO
    The CEO of Germany's largest defence contractor Rheinmetall said he expected a further boost to the company's stock market value due to the Ukraine war and increased defence spending in Europe. "A valuation of 17 billion euros is realistic for Rheinmetall over the medium term," he added. Rheinmetall's current stock valuation is about 10.5 billion euros, on 2022 operating income of 754 million euros.  ( 7 min )
    Millions in Polygon’s MATIC Tokens Were Sent to Binance and Coinbase Ahead of 30% Slide, Data Shows
    “Altcoins can crash this weekend even more as trading volumes are thin and market makers such as Binance have become less active,” one crypto firm warned.  ( 7 min )
    Crypto Markets Slump as US Regulatory Crackdown Spooks Investors
    (Bloomberg) -- Smaller coins led a crypto selloff as a Securities and Exchange Commission crackdown on key digital-asset exchanges unnerved investors.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareDonald Trump Charged in Florida Over Secret Documents CaseTrump Tried to Hide Documents, Share Secrets, Indictment AllegesTesla Set for $3 Billion Boost From Ford, GM Charger DealsTokens including Sola  ( 7 min )
    Egypt’s Inflation Accelerates Anew to Stay Above 30%
    (Bloomberg) -- Egyptian inflation accelerated after a monthlong respite, as a round of price increases by authorities fans pressures already building following three currency devaluations.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsSmoky Air Returning to NYC, US Nor  ( 6 min )
    UK Workers Miss Out on Europe’s Shift to Fewer Hours on the Job
    (Bloomberg) -- British workers have missed out on a Europe-wide trend toward more leisure time and fewer hours on the job, compounding a miserable decade in which living standards stagnated.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeThere’s More Trouble Coming for Regional Banks Smoky Air Returning to NYC, US Northeast Afte  ( 7 min )
    The stock market is headed for a critical week as investors brace for new inflation data and a key Fed meeting
    No content preview
    Bullwhip effect cracking US imports’ peak season (again)
    An unprecedented level of caution among importers likely to cause further declines in import volumes. The post Bullwhip effect cracking US imports’ peak season (again) appeared first on FreightWaves.  ( 11 min )
    The bull market in stocks won't last long - and there's a 99% chance of a US recession, top economist David Rosenberg says
    No content preview
    The bull market in stocks could disappear as investors get whacked by even higher interest rates and higher unemployment from the Fed's inflation fight, Bank of America says
    No content preview
    Costco, Amazon, and Trader Joe’s Have Great Snacks. Buy the Company That Makes Them.
    TreeHouse Foods is the only major publicly traded pure play on increasingly popular private-label food products. The stock is cheap—but it might not stay that way for long.  ( 22 min )
    Why NET Power Stock Is a Buy
    NET Power went public in a SPAC merger. But it has a promising technology for clean energy from natural gas and well-connected partners and investors.  ( 22 min )
    China Drills in Deeper Waters to Cut Reliance on Foreign Oil
    (Bloomberg) -- A concrete expanse the size of Monaco jutting off China’s southern coastline is the imposing centerpiece in Beijing’s efforts to slow its growing dependence on imported oil.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareTrump Tried to Hide Documents, Share Secrets, Indictment AllegesDonald Trump Charged in Florida Over Secret Documents CaseTesla Set for $3 Billion Boost From Ford,  ( 8 min )
    China Stock Bulls Hit Reset Button After $1.5 Trillion Rout
    (Bloomberg) -- After being wrong-footed by a $1.5 trillion rout in Chinese stocks, some of Wall Street’s biggest banks are coming around to a less optimistic consensus. Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareTrump Tried to Hide Documents, Share Secrets, Indictment AllegesWhat Trump’s Indictment Means for His 2024 Presidential Run  ( 7 min )
  • Open

    Zonnepaneleneigenaar moet zich niet blindstaren op energietarief
    Energieprijzen dalen weer en vaste contracten zijn terug: tijd om energieleveranciers met elkaar te vergelijken. Maar als je veel zonnestroom opwekt, zijn niet alleen de tarieven belangrijk. Je kunt ook besparen via de terugleververgoeding.  ( 5 min )
    Duitse wapenfabrikant verwacht enorme waardestijging door oorlog in Oekraïne
    De Duitse wapenfabrikant Rheinmetall verwacht de komende jaren flink meer waard te worden. De oorlog in Oekraïne zorgt voor een grote vraag naar munitie en pantservoertuigen, waardoor het bedrijf vorig jaar recordresultaten boekte. Volgens topman Armin Papperger kan de beurswaarde van Rheinmetall stijgen van 10,5 miljard euro naar 17 miljard euro.  ( 3 min )
    Luchtvaartautoriteit: 'Personeelstekort zet veiligheid in luchtvaart onder druk'
    Een gebrek aan geschikt personeel kan de veiligheid in de luchtvaart dit zomerseizoen onder druk zetten. Daarvoor waarschuwt de Europese luchtvaartautoriteit EASA in een onlangs gepubliceerde veiligheidsupdate.  ( 3 min )

  • Open

    Dow Jones Futures: Bullish Market Trend, But Fed Meeting Looms; Watch Tesla, Nvidia, Biogen
    No content preview
    Forget Apple and Nvidia. Why June Belongs to Small-Caps.
    May saw a narrow group of large-cap techs continue a rally driven by artificial intelligence, while the rest of the market worried about debt default. But June saw a big reversal: a debt deal and fading AI mania, and small-caps on top—for now.  ( 22 min )
    Stock Market Gains as Wall of Worry Crumbles. What Happens Next.
    It’s fitting that the S&P 500 exited a 248-trading-day bear market—its longest since 1948—right as more stocks are beginning to join the party.  ( 22 min )
    Copper Traders Are Net Long. That’s a Good Sign for the Red Metal.
    Producers and users are looking to lock in low prices. Plus, investment newsletter commentary on China’s punk recovery, Europe’s brighter prospects, bank regulations, and a wedding-bell forecast.  ( 22 min )
    Franklin Templeton Launches Income ETF Similar to Mutual Fund
    No content preview
    Fed Will Keep Raising Rates, Even if It Skips a June Hike
    The Federal Reserve is likely to leave its policy rate unchanged in June. But don’t mistake a skip for an end to monetary tightening, so long as inflation persists.  ( 22 min )
    Oil Has a Pricing Disconnect—and a Trust Issue
    Official statistics on the oil market from official bodies like OPEC and the Energy Information Administration may not reveal actual supply-and-demand dynamics. That creates a serious problem for investors.  ( 22 min )
    The bear market in stocks has officially ended and a new bull market has kicked off. Here's why investors can expect more gains ahead.
    No content preview
    3 Low-Priced REITs Making Big Moves
    Several low-priced real estate investment trusts (REITs) made huge moves higher this week, and many are in the office or healthcare subsectors. Investors know that low-priced stocks can be volatile, and it’s as easy to lose as it is to gain a lot in the short term. These stocks are not for conservative investors or for people on a fixed income who cannot afford to take large risks with their capital. But abrupt new moves in a low-priced stock often portend even more future gains to come. If an i  ( 9 min )
    The Score: Apple, Coinbase, and More Stocks That Defined the Week
    Here are some of the major companies whose stocks moved on the week’s news.  ( 28 min )
    Cracker Barrel faces boycott call for celebrating Pride Month
    Restaurant chain is the latest company to face backlash from some conservatives for supporting the LGBTQ+ community.  ( 6 min )
    Yellow’s tonnage remains in free fall
    Less-than-truckload carrier Yellow reported another large drop in volumes Friday after the market closed. The post Yellow’s tonnage remains in free fall appeared first on FreightWaves.  ( 6 min )
    Stocks would plummet 20% if the bond market's expectations pan out, JPMorgan says
    No content preview
    SEC Clampdown Spurs $4B Deposit Flight From Binance, Coinbase and Binance.US
    The exchanges, targeted by the SEC for violating federal securities laws, have endured a significant wave of user withdrawals but managed to process transactions in an orderly fashion so far.  ( 7 min )
    Everyone’s Jumping on the AI Bandwagon—Even Campbell’s Soup
    Goldman Sachs says AI isn’t a bubble because it hasn’t raised earnings expectations more broadly. We investigate some nontech companies trying it out. Plus: the allure of mid-cap stocks.  ( 22 min )
    Investors rethink recession plays, boosting U.S. stock market laggards
    A U.S. stocks rally is showing signs of expanding beyond the cluster of giant growth and tech names that have led gains this year, as investors reposition portfolios primed for a widely expected recession. For months, investors piled into a handful of megacap companies seen as safe bets in uncertain times, spurring a rally that has lifted the S&P 500 nearly 12% year-to-date, concentrated in a small group of stocks. As the U.S. economy holds up despite higher interest rates, fears of an imminent downturn are fading.  ( 8 min )
    Generative AI Will Have 'Enormous Impact' on Business, Execs Admit—But Not Right Away
    Corporate executives are optimistic about the benefits of generative AI, according to a KPMG study, but it'll take time to implement.  ( 7 min )
    Binance.US tells customers to withdraw their cash from the exchange as the SEC pursues its 'ideological' attack on the crypto industry
    No content preview
    Stock Market Action Plan June 12-16: Fed Meeting, Earnings From Lennar, Oracle Adobe
    No content preview
    3M Can’t Resolve Mass Lawsuits Through Earplug Unit’s Bankruptcy, Judge Rules
    A bankruptcy judge rejected 3M’s use of chapter 11 to resolve the largest mass tort case in U.S. history, dismissing a “fatally premature” bankruptcy case filed by its military earplug manufacturing unit.  ( 25 min )
    Top CD Rates Today, June 9, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Not Your Father's Oracle Stock
    No content preview
    Airbnb Stock: Is It A Buy Or Sell? Here's What Fundamentals, ABNB Stock Chart Action Say
    No content preview
    Earnings Calendar, Analyst Estimates And Stocks To Watch
    No content preview
    ONON Stock, IBD Stock Of The Day, Springs Into Buy Range As Analyst Doubles Down
    No content preview
    Molson Coors Gets Another Bud Light-Driven Upgrade
    There has been some debate about how long Molson Coors’ brands can benefit from the Bud Light brouhaha.  ( 22 min )
    Tesla’s Record Run Drives Nearly $200 Billion Jump in Value
    (Bloomberg) -- The clouds are finally parting for Tesla Inc. investors who stuck with the electric-vehicle maker through a rough ride. A rush of good news for the company and the return of bullish market conviction have put the stock on pace to more than double this year.Most Read from BloombergJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareOdey Sacked From His Hedge Fund Firm After Assault AllegationsCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans  ( 8 min )
    Cost of Being Wrong Gets Bigger by Day in Ever-Diverging Markets
    (Bloomberg) -- Markets, Boaz Weinstein said this week, are “constantly wrong.” Telling which one is most astray right now has become the big challenge for investors facing conflicting signals across asset classes.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseUkraine’s New Tanks Are Seen in Action as Counteroffensive Gets UnderwayRussian Elite Is Souring on Putin’s Chances of Winning His WarWhat Trump’  ( 10 min )
    ‘It’s not even good for money laundering’: ‘Black Swan’ author Nassim Taleb lashes out at Bitcoin and says it’s ‘transformed into a cult’
    Nassim Taleb said crypto was less trustworthy than the Mafia.  ( 8 min )
    Carvana crashes back down to earth
    Carvana's big rally is now looking more like a blip on the radar. Shares in the online-car retailer soared Thursday, closing up by 56% from the prior day on news that it expected to post $50 million worth of adjusted EBITDA in the current quarter, powered by stronger per-car sales profitability. For Carvana, the gains were a welcome turnaround.  ( 6 min )
    S&P 500 finishes week at highest level since August, as Nasdaq logs 7th-straight winning week: Stock market news today
    Stocks popped on Friday after the S&P 500 officially entered a bull market to end Thursday's trading session.  ( 8 min )
    Week’s Best: Charles Schwab’s Cash Headache
    Here’s our weekly roundup of the week’s most-read articles at Barron’s Advisor.  ( 22 min )
    Tech Stocks Are Hot. Traders Are Betting It Will Last.
    Tech stocks are on track for their longest winning streak since 2019. Options traders are doubling down. Some of the most actively t  ( 19 min )
    Snowflake Stock Sees Big Buy From Director Mark D. McLaughlin
    Former Palo Alto Networks CEO Mark D. McLaughlin just bought $300,000 of shares of cloud-software firm Snowflake.  ( 22 min )
    Apache announces end to North Sea drilling hours after UK scales back windfall tax
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    4 Growth Stocks In Health Care Near Breakouts. But Watch These Flaws.
    No content preview
    Cardone Reveals His Biggest Multifamily Investment Mistake Was Thinking Too Small
    No content preview
    ServiceNow Gets a Price Target Raise. Why It’s an AI Winner with Nvidia.
    Piper Sandler analyst Rob Owens raised his ServiceNow price target to $600 from $525 and reaffirmed his Overweight rating on the stock.  ( 22 min )
    Bitcoin Payments Firm Strike Moves Custody In-House After Ditching Third-Party Services
    The move is a “culmination of over two years of effort,” according to Strike CEO and cofounder Jack Mallers.  ( 7 min )
    Here’s Why Nike Is Changing Its Strategy With DSW and Macy’s
    Nike had severed ties with wholesalers as it carved out its direct-to-consumer strategy.  ( 22 min )
    Stocks pop after S&P 500 enters bull market: Stock market news today
    No content preview
    BofA Says Stock Bull-Market Means More Gains 92% of the Time
    (Bloomberg) -- Bank of America Corp.’s Savita Subramanian is not only calling a formal finale to the bear market that has plagued US stocks, she’s also saying equities have room to keep rallying.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareTrump Tried to Hide Documents, Share Secrets, Indictment AllegesDonald Trump Charged in Florida Over Secret Documents CaseTesla Set for $3 Billion Boost Fro  ( 8 min )
    'It's Time To Admit That Remote Work Doesn't Work': Former PayPal Executive Says WFH Is No Way To Build A Great Company — And He's Not Alone
    The remote work trend has experienced an unprecedented surge in recent years. Workers enjoy the flexibility in managing their schedules and reduced commuting stress while companies get access to a broader talent pool as they can hire people from anywhere in the world. But former PayPal Holdings Inc. executive David Sacks is not a fan of work-from-home (WFH) policies. “It’s time to admit that remote work doesn’t work,” he said in a recent tweet. “WFH Friday is a four-day work week. Full WFH is a  ( 9 min )
    Fidelity to Convert 6 Thematic Mutual Funds to ETFs
    No content preview
    Analyst Report: BHP Group Limited
    No content preview
    EV Maker Fisker Isn’t Afraid of Competition. It’s Headed to China.
    The auto maker caught a downgrade earlier in the week because competition will make life difficult for the start-up.  ( 22 min )
    Market Update: BHP, LNT, KHC
    No content preview
    Jeffrey Epstein victims demand new deposition of JPMorgan CEO Dimon
    No content preview
    Adobe Jumps To A 52-Week High On AI News
    No content preview
    EV Charging Stocks Sink After General Motors Says It Will Use Tesla’s Charging Network
    No content preview
    Binance took a drastic step in the aftermath of the SEC lawsuit
    No content preview
    Beyond Meat Is Set Up for Short Squeeze After Stock Surges 20%
    (Bloomberg) -- Beyond Meat Inc.’s 20% jump Thursday stung traders betting against the fake-meat company and set them up for a short squeeze that could lead to even steeper losses. Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseUkraine’s New Tanks Are Seen in Action as Counteroffensive Gets UnderwayRussian Elite Is Souring on Putin’s Chances of Winning His WarWhat Trump’s Indictment Means for His 2024 P  ( 7 min )
    Stocks Are Going Up. Investors Don't Want to Miss Out.
    A new bull market for the S&P 500 has started. Investors don't want to miss out on bigger gains ahead. Various sentiment measures suggest investors are warming up to the stock market again. The share of individuals [who say they are bullish](https://www.wsj.com/livecoverage/stock-market-today-do  ( 20 min )
    Why ‘Shareholder Yield’ Is Better Than Dividend Yield. Where to Find It.
    There’s more to a stock’s cash returns than just the dividend, such as buybacks and debt paydowns. Together, they’re known as shareholder yield.  ( 22 min )
    Earnings, Not Woke Culture, Have Investors Canceling Cracker Barrel
    The restaurant and gift store chain has gotten caught up in the uproar over woke culture.  ( 22 min )
    Stocks To Buy: Time To Buy Or Sell These Top Large-Cap Stocks?
    No content preview
    Bonds Are Entering a New Era. How to Play It.
    Bond yields are starting a secular climb after falling from 1981 to 2021, say two Wall Street legends. What it all means for investors.  ( 22 min )
    AI Could Turn Some Tech Winners Into Has-Beens
    Rapid advances might reshape the technological playing field, while ultimately boosting overall economic growth.  ( 28 min )
    Wealthy Investors Are Piling Into Japanese Stocks
    Bank of America's high-net-worth clients are making big bets on Japan. The bank said its private clients, who together have about $3.1 trillion in assets under management, have been predominantly buying [Japanese stocks](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-06-06-2023/card/  ( 20 min )
    DocuSign Beats Quarterly Estimates, but Shares Fall on Business Warning
    Shares of DocuSign turned lower after the online document signing service warned about customer demand.  ( 17 min )
    UiPath Stock Is Flying This Year. Analyst Thinks the Party Is Over.
    Wells Fargo analyst Michael Turrin downgraded the stock to Equal Weight from Overweight.  ( 22 min )
    Carvana stock surge leaves short sellers sitting on $1 billion loss
    No content preview
    Gensler can destroy the U.S. crypto industry, but he can’t kill crypto
    No content preview
    How To Invest: Nvidia, Tesla Reveal 3-Step Routine For Bull And Bear Markets
    No content preview
    EUR/USD Weekly Forecast – Euro Bounces
    The euro had initially fallen during the trading week but has turned around to bounce toward the 1.08 level, an area that has been important several times.  ( 7 min )
    Former co-CEO of failed U.S. lender First Republic lands on her feet with a new job—taking on one of the toughest tasks in international finance
    No content preview
    AI News Lifts Adobe Stock Ahead Of Quarterly Results; Highflying Oracle Also Set To Report
    No content preview
    Dow Jones Rises As Tesla Stock Surges On GM Deal; Target Downgraded On Slowing Traffic
    No content preview
    What's Going On With Dish Stock Friday
    No content preview
    Stocks to Watch Friday: DocuSign, Tesla, Carvana, NIO
    ↗️ DocuSign (DOCU): Shares rose 2.2% in early trading after the e-signature company posted its second consecutive profitable quarter amid a turnaround effort. ↗️  ( 20 min )
    AMD Tracks Nvidia Gains in Wall Street’s AI Frenzy
    (Bloomberg) -- Advanced Micro Devices Inc.’s stellar share-price performance this year reflects its place in the eyes of investors looking to make an artificial intelligence trade: the best backup plan.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareTrump Tried to Hide Documents, Share Secrets, Indictment AllegesDonald Trump Charged in Florida Over Secret Documents CaseTesla Set for $3 Billion Bo  ( 9 min )
    Stocks waver after S&P 500 enters bull market: Stock market news today
    No content preview
    Morgan Stanley Says Buy These 2 High-Yield Dividend Stocks — Including One With 11% Yield
    No content preview
    How Much Is Selling My Home Really Going to Cost Me?
    No content preview
    What Is a Realistic Rate of Return For Retirement?
    No content preview
    How Long Will $250,000 Last Me in Retirement?
    No content preview
    PacWest Begins Sale of $5.7 Billion Loan Portfolio to Kennedy Wilson
    No content preview
    Tesla Stock Is on a Tear. It’s Playing Chess While Others Play Checkers, Says Analyst.
    Wedbush analyst Dan Ives raises his price target on Tesla stock to $300 a share from $215. He rates shares a Buy.  ( 22 min )
    Goldman Exec Stephanie Cohen Is Going on Leave
    A Goldman executive who runs a big piece of its consumer business is going on leave. Stephanie Cohen, who oversees Goldman's credit-card partnerships with Apple and General Motors and consumer lender GreenSky, told employees Friday morning that she’s taking time away from work to focus on her famil  ( 21 min )
    Carvana shares slide as analysts call Q2 profit forecast 'one-time' gain
    No content preview
    Top Funds Pour Money Into Apple, Microsoft And These 2 Sectors
    No content preview
    Here Are The 12 Small Stocks Everyone Suddenly Wants To Buy
    No content preview
    Target stock slapped with another Wall Street downgrade as shopper slump worries rise
    No content preview
    Tesla stock jumps on EV charging tie-up with GM
    No content preview
    Analyst Report: Sempra Energy
    No content preview
    Activision intervenes in Microsoft challenge to UK regulator's block
    No content preview
    Daily Spotlight: Argus Adjusts Sector Ratings
    No content preview
    Technical Assessment: Bearish in the Intermediate-Term
    No content preview
    Solid Vanguard Fund Reveals Its Knack For Finding Top Dividend Stocks
    No content preview
    Billionaire Who Rode Zoom’s 1,479% Stock Boom Builds Health Bets
    No content preview
    These Stocks Are Moving the Most Today: DocuSign, General Motors, Tesla, NIO, and More
    DocuSign shares rise after the e-signature company boosts its fiscal-year outlook, General Motors says its electric vehicles will be able to access Tesla's supercharging network, Tesla stock has closed higher for 10 straight sessions, and NIO's quarterly losses widen.  ( 22 min )
    An open letter to GameStop executive chairman Ryan Cohen: Morning Brief
    No content preview
    Alibaba Cloud wins deal with Chinese coal giant in push to woo more state-owned clients
    No content preview
    Analysis-Inside OPEC+, Saudi 'lollipop' oil cut was a surprise too
    No content preview
    These Stocks Are Moving the Most Today: DocuSign, General Motors, Tesla, NIO, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 19 min )
    Ex-First Republic Executive to Head Turkey’s Central Bank
    Hafize Gaye Erkan’s appointment represents a possible return to more-orthodox economic policies.  ( 32 min )
    4 big analyst cuts: Target downgraded on slowing traffic, declining market share
    No content preview
    World’s Biggest Banks Pull Back From Odey After Allegations
    (Bloomberg) -- Some of the world’s largest investment banks have started distancing themselves from hedge fund manager Crispin Odey, hours after the publication of fresh allegations of sexual assault against women over several decades. Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseLeaving New York for Miami Can Save Nearly $200,000S&P 500 E  ( 8 min )
    Stocks Drop 20% If Bonds Have Inflation Right in JPMorgan Model
    (Bloomberg) -- The widening disconnect between stocks and bonds suggests a 20% downside risk for equities if bonds are proved correct in pricing inflation volatility, according to modeling by JPMorgan Chase & Co. strategists.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsRussian Elite Is Souring on Putin’s Chances of Winning His WarDonald Trump Charged in Florida Over Secret Documents CaseLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull  ( 7 min )
    Binance.US halts dollar deposits, Robinhood delists tokens after SEC crackdown
    Crypto exchange Binance.US said on Thursday it is stopping U.S. dollar deposits and users will soon not be able to withdraw dollars from the exchange, after U.S. financial regulators said they supported freezing Binance's assets. Binance.US said in the customer notice that it would no longer accept dollar deposits as part of plans to change to a "crypto-only exchange". On Monday, the U.S. Securities and Exchange Commission (SEC) sued Binance, its founder and CEO Changpeng Zhao, and the operator of its U.S. exchange.  ( 6 min )
    China's factory deflation steepens as demand wanes
    China's factory gate prices fell faster than expected in May, as faltering demand weighed on manufacturing, impeding the fragile economic recovery, and consumer inflation missed expectations, data showed on Friday. The producer price index (PPI) for May fell for an eighth consecutive month, down 4.6%, the National Bureau of Statistics (NBS) said. China's economy grew faster than expected in the first quarter, but recent data showed factory activity contracted and imports fell in May.  ( 5 min )
    Lawyers blame ChatGPT for tricking them into citing bogus case law
    Two apologetic lawyers responding to an angry judge blamed ChatGPT Thursday for tricking them into including fictitious legal research in a court filing. Attorneys Steven A. Schwartz and Peter LoDuca are facing possible punishment over a filing in a lawsuit against an airline that included references to past court cases that Schwartz thought were real, but were actually invented by the artificial intelligence-powered chatbot. Schwartz explained that he used the groundbreaking program as he hunted for legal precedents supporting a client's case against the Colombian airline Avianca for an injury incurred on a 2019 flight.  ( 8 min )
  • Open

    Building New vs. Buying an Existing Home
    There are pros and cons when deciding whether to build or buy a new home.  ( 21 min )
    Using Open Interest to Find Bull/Bear Signals
    Volume should inform your use of the open interest indicator in confirming trends and reversals in both the futures and options markets.  ( 23 min )
    Greenspan Put: Definition, Examples, Vs. Fed Put
    Greenspan put was the moniker given to the policies implemented by former Fed Chair Alan Greenspan that halted excessive stock market declines.  ( 20 min )
    Trade Act of 1974 Definition
    The Trade Act of 1974 passed to expand U.S. participation in international trade and reduce trade disputes through the reduction of barriers to trade.  ( 20 min )
    Tax-Exempt Sector Definition
    A tax-exempt sector can refer to either a market niche made up of investment vehicles, or nonprofit organizations exempt from federal taxes.  ( 22 min )
    Macroeconomic Stabilization Fund (FEM) Definition
    The Macroeconomic Stabilization Fund (FEM) was established by Venezuela to stabilize cash flow from oil production.  ( 20 min )
    Dow Jones Today: Index Inches Up Ahead of Fed Meeting
    The Dow Jones Industrial Average ticked up about 0.1%, or 44 points, on below-average volume as investors await next week's inflation reading and an interest rate decision from the Federal Reserve.  ( 16 min )
    What Is Cost Accounting? Definition, Concept, and Types
    Learn about the main benefits of cost accounting systems, how they differ from financial accounting, and why they are important to businesses.  ( 20 min )
    Top CD Rates Today, June 9, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Sonoma Pharmaceuticals Shares Soar 44% After Introducing New Product
    Sonoma Pharmaceuticals shares jumped 44% on Friday after the company unveiled a product that could replace IV bags for some surgeries.  ( 16 min )
    Commercial Real Estate Definition and Types
    Commercial real estate is property used for business purposes rather than as a living space. It includes offices, industrial units, rentals, and retail.  ( 25 min )
    Markets End the Week in the Green in Anticipation the Fed Will Pause Rate Hikes
    Markets posted a winning day on Friday, June 9, 2023, to top off a winning week on optimism the Fed may pause its interest rate hike cycle next week.  ( 16 min )
    Dow Jones Global Titans 50 Index Definition
    The Dow Jones Global Titans 50 Index launched in 1999, consisting of 50 of the largest multinational corporations in the world.  ( 19 min )
    Navient Student Loan Servicer Review 2023
    Navient no longer services federal loans and former loans have likely been transferred to Aidvantage. Read our full Navient review to learn more.  ( 19 min )
    Justice Department Alleges Russian Nationals Responsible For Mt. Gox Hack
    DOJ said that Russian nationals were allegedly responsible for hacking cryptocurrency exchange Mt. Gox in 2011, laundering bitcoin from the hack, and operating an illicit crypto exchange of their own.  ( 17 min )
    DISH Network Shares Fall Following Report It's Seeking Cash to Pay for 5G Rollout
    DISH Network shares fell on Friday following a report that it's looking to sell assets to pay for its 5G rollout by the end of the month.  ( 16 min )
    How Is a Business Valued on "Shark Tank"?
    How entrepreneurs and the Sharks value a business likely takes into account present value, future value, the value of companies similar to it, and risk.  ( 23 min )
    Arithmetic Mean vs. Geometric Mean With Formula
    Investors usually consider the geometric mean a more accurate measure of portfolio performance than the arithmetic mean because it accounts for compounding. Learn more.  ( 23 min )
    Federal Trade Readjustment Allowance Definition
    The Federal Trade Readjustment Allowance was income assistance for those who exhausted unemployment compensation and whose jobs were affected by foreign trade.  ( 22 min )
    How Legally Binding Is a Letter of Intent?
    Find out when a letter of intent (LOI) is binding and non-binding. Understand the role of drafting language, and when an LOI is treated like a contract.  ( 19 min )
    How to Refinance Parent PLUS Loans
    Refinancing Parent PLUS loans can help you save money and reduce your monthly payments. Learn how to refinance your Parent PLUS loan.  ( 21 min )
    What Is the American Funds Investment Company of America Fund?
    Discover the American Funds Investment Company of America (AIVSX), a growth and income fund with an 85-plus-year history of providing consistent returns.  ( 19 min )
    PNC Bank CD Rates: April 2023
    A CD can be a smart way to set aside cash. Learn about PNC Bank’s CD rates, the ins and outs of opening one, and how these CDs compare with select competitors.  ( 20 min )
    Divestiture: Definition, Examples, and Reasons to Divest
    A divestiture is the disposal of a business unit through sale, exchange, closure, or bankruptcy.  ( 23 min )
    Australian Securities and Investments Commission (ASIC)
    The Australian Securities and Investments Commission (ASIC) is the regulator of Australia's markets and financial services.  ( 19 min )
    GM Looks To Turbocharge EV Sales With Tesla Charging Partnership
    General Motors has joined Ford in announcing a partnership with Tesla to use its charging stations, in a boost to EV adoption and Tesla.  ( 17 min )
    5 Investing Risk Factors and How to Avoid Them
    Each investment product has specific risks that come with it, while some risks are inherent in every investment.  ( 19 min )
    US Equities Little Changed at Midday as Tesla, GM Shares Rise After Charger Deal
    Markets were little changed at midday on Friday, June 9, 2023, while Tesla, GM, and Ford shares advanced after GM joined Ford in a deal for its EVs to use Tesla chargers.  ( 16 min )
    Soccer Legend Lionel Messi To Play for Inter Miami—Here’s Messi’s Net Worth
    Superstar footballer Lionel Messi announced Wednesday he intends to play for Inter Miami, turning down offers from Barcelona and Saudi Arabia. Messi is the world's second highest-paid athlete and has earned over $1 billion from endorsement deals, real estate, and sports.  ( 19 min )
    Financial Considerations of Buying a Tiny House
    Whether your goal is simplicity, saving money, or an alternative lifestyle, a tiny house (100 to 400 square feet) could be the solution.  ( 29 min )
    Home Equity Conversion Mortgage (HECM): Definition, Eligibility
    A home equity conversion mortgage (HECM) is a type of Federal Housing Administration (FHA) insured reverse mortgage.  ( 25 min )
    Netflix Subscriptions Surge After Password-Sharing Crackdown
    Netflix subscriptions soared in the U.S. after the streaming service's recent crackdown on password sharing.  ( 16 min )
    Robinhood To Delist Cardano, Polygon, and Solana Tokens
    Robinhood has decided to delist three crypto assets that were referred to as securities in the U.S. SEC lawsuits against Binance and Coinbase.  ( 17 min )
    DocuSign Beats Quarterly Estimates, but Shares Fall on Business Warning
    Shares of DocuSign turned lower after the online document signing service warned about customer demand.  ( 16 min )
    Tangible Assets vs. Intangible Assets: What's the Difference?
    Tangible assets are physical assets that are used in a company's operations. Intangible assets are nonphysical, long-term intellectual property assets.  ( 27 min )
    Are Mutual Funds Retirement Accounts?
    They're two different things, but the money you save in a retirement account can be invested in mutual funds. In fact, it's a good idea.  ( 20 min )
    Capital Goods: Types, Examples, vs. Consumer Goods
    Capital goods are tangible assets such as buildings, machinery, and equipment used to produce consumer goods or services.  ( 22 min )
    Cost of Funds: What It Is, How It Works, Why It's Important
    Cost of funds refers to the interest rate paid by financial institutions for the funds that they deploy in their business. Learn how the cost of funds is used.  ( 25 min )
    30-Year Mortgage Rates Flat Just Days Ahead of Fed Meeting
    Rates on 30-year mortgages remained flat at 7.22% on Thursday after a slight dip the day before. Other rates were mixed, with the jumbo 30-year rate dropping back to 6.27%.  ( 19 min )
    Kuwait Investment Authority Definition
    The Kuwait Investment Authority is a government-owned corporation responsible for managing the sovereign wealth fund of Kuwait.  ( 18 min )
    What Is Form 1040-X? Definition, Purpose, How to File With IRS
    Form 1040-X is used by taxpayers who need to amend an error in a previously filed annual federal tax return.  ( 25 min )
    What Is a Bull Market, and How Can Investors Benefit From One?
    A bull market is a financial market in which prices are rising or are expected to rise.  ( 29 min )
    Binance.US Halts U.S. Dollar Deposits
    Crypto exchange Binance.US expects banks to cut off U.S. dollar transactions after SEC action and asks customers to pull their dollars off the platform or have them converted to crypto.  ( 17 min )
    Gross Revenue vs. Net Revenue Reporting: What's the Difference?
    Reporting revenue is a critical and often complex problem for accountants, so they must determine daily the differences between gross and net revenue.  ( 22 min )
    Who Pays Real Estate Fees?
    Real estate agents receive a commission in exchange for helping buyers and sellers. Here's a look at real estate fees and who pays them.  ( 25 min )
    Federal Reserve Bank of Minneapolis
    The Federal Reserve Bank of Minneapolis is one of 12 regional banks within the Federal Reserve system, overseeing banks in all or part of six Midwestern states.  ( 22 min )
    Yield Curve: What It Is and How To Use It
    A yield curve is a line that plots the interest rates, at a set point in time, of bonds having equal credit quality but differing maturity dates.  ( 24 min )
    Drawdown: What it Is, Risks and Examples
    A drawdown is a peak-to-trough decline during a specific period for an investment, fund, or trading account. Drawdowns help assess risk, compare investments, and are used to monitor trading performance.  ( 23 min )
    What It Would Take for the U.S. Dollar to Collapse
    Investors at times have concerns about the dollar's vulnerability, but a review of the dollar's strengths and weaknesses suggests that a currency crisis is unlikely.  ( 23 min )
    5 Things to Know Before Markets Open
    General Motors will join the Tesla electric vehicle charging network and Meta plans to roll out a Twitter competitor. Here’s what investors need to know today.  ( 19 min )
    Simple vs. Compounding Interest: Definitions and Formulas
    Interest is defined as the cost of borrowing money or the rate paid on a deposit to an investor. Interest can be classified as simple interest or compound interest.  ( 25 min )
    How Does Inflation Affect the Exchange Rate Between Two Nations?
    Countries attempt to balance interest rates and inflation, but the interrelationship between the two is complex and can influence exchange rates.  ( 21 min )
    CAMELS Rating System: What It Is, How It Is Calculated
    The CAMELS rating system is a bank-rating method in which banks are rated on capital adequacy, asset quality, management, earnings, liquidity, and sensitivity,  ( 25 min )
    6 Reasons To Sell a Stock
    There are several reasons to sell shares. Here’s how investors know when to hold them and when to fold them.  ( 24 min )
    The Most Common Types of Consumer Fraud
    Find out how to avoid becoming a victim of consumer fraud by knowing about these common scams.  ( 30 min )
  • Open

    Dow Jones Today: Index Inches Up Ahead of Fed Meeting
    The Dow Jones Industrial Average ticked up about 0.1%, or 44 points, on below-average volume as investors await next week's inflation reading and an interest rate decision from the Federal Reserve.  ( 1 min )
    Markets End the Week in the Green in Anticipation the Fed Will Pause Rate Hikes
    Markets posted a winning day on Friday, June 9, 2023, to top off a winning week on optimism the Fed may pause its interest rate hike cycle next week.  ( 1 min )
    US Equities Little Changed at Midday as Tesla, GM Shares Rise After Charger Deal
    Markets were little changed at midday on Friday, June 9, 2023, while Tesla, GM, and Ford shares advanced after GM joined Ford in a deal for its EVs to use Tesla chargers.  ( 1 min )
    5 Things to Know Before Markets Open
    General Motors will join the Tesla electric vehicle charging network and Meta plans to roll out a Twitter competitor. Here’s what investors need to know today.  ( 1 min )
  • Open

    GM Looks To Turbocharge EV Sales With Tesla Charging Partnership
    General Motors has joined Ford in announcing a partnership with Tesla to use its charging stations, in a boost to EV adoption and Tesla.  ( 1 min )
    Sonoma Pharmaceuticals Shares Soar 44% After Introducing New Product
    Sonoma Pharmaceuticals shares jumped 44% on Friday after the company unveiled a product that could replace IV bags for some surgeries.  ( 1 min )
    DISH Network Shares Fall Following Report It's Seeking Cash to Pay for 5G Rollout
    DISH Network shares fell on Friday following a report that it's looking to sell assets to pay for its 5G rollout by the end of the month.  ( 1 min )
    Netflix Subscriptions Surge After Password-Sharing Crackdown
    Netflix subscriptions soared in the U.S. after the streaming service's recent crackdown on password sharing.  ( 1 min )
    DocuSign Beats Quarterly Estimates, but Shares Fall on Business Warning
    Shares of DocuSign turned lower after the online document signing service warned about customer demand.  ( 1 min )
  • Open

    Nachttrein maakt comeback: waar kun je al heen en wat ligt er in het verschiet?
    Europa is druk bezig met plannen om je straks sneller door het continent te laten reizen. Daarbij wordt vooral ingezet op nachttreinen. De Europese Unie start in 2025 pilots om het internationale treinnetwerk uit te breiden. Ook voor de Nederlandse reiziger is dat goed nieuws.  ( 5 min )
    Gasprijs loopt flink op tot hoogste punt in ruim drie weken
    De gasprijs is vrijdag omhooggeschoten tot ruim boven de 30 euro per megawattuur. Het is de tweede prijssprong in korte tijd. Eerder deze week werd gas op één dag al 20 procent duurder.  ( 3 min )
    Mars en Kitkat terug in Jumbo-schappen na lange ruzie over prijzen
    Klanten kunnen bij Jumbo weer M&M's, Mars-repen, Kitkat en Whiskas-kattenvoeding kopen. De supermarktketen heeft met fabrikanten Mars en Nestlé nieuwe afspraken gemaakt over de levering van deze producten.  ( 4 min )
    Frankrijk dwingt fabrikanten om prijzen van boodschappen te verlagen
    Bedrijven die eten en drinken produceren, moeten van de Franse regering hun prijzen verlagen. Dit moet de pijn van de inflatie verzachten voor de Franse consument. Volgens het kabinet hebben de bedrijven waar het om gaat beloofd mee te werken. Als ze dat niet doen, worden hun namen bekendgemaakt.  ( 3 min )
    In Utrecht is het een jaar lang verboden om tabakswinkel te openen
    De gemeente Utrecht verbiedt de komst van nieuwe tabakszaken. Daarmee wil wethouder Eelco Eerenberg (Volksgezondheid) voorkomen dat ondernemers in het gat springen dat achterblijft als sigaretten niet meer in de supermarkt verkocht mogen worden.  ( 4 min )
    NS-personeel moet over alle vakantie-uren onregelmatigheidstoeslag krijgen
    De NS moet zijn personeel onregelmatigheidstoeslag gaan betalen over alle vakantiedagen. Door deze uitspraak van de Hoge Raad krijgen zo'n elfduizend werknemers meer geld tijdens hun bovenwettelijke verlofdagen.  ( 3 min )
    Energierekening daalt voor steeds meer Nederlanders
    De maandelijkse energierekening ligt nu gemiddeld dertig euro lager dan tijdens de piek afgelopen december, blijkt uit een analyse van ING. Het prijsplafond en de lagere tarieven zijn eindelijk voelbaar in de portemonnee van de consument.  ( 4 min )
    Steeds meer Nederlanders zien energierekening dalen
    De maandelijkse energierekening ligt nu gemiddeld dertig euro lager dan tijdens de piek afgelopen december, blijkt uit een analyse van ING. Het prijsplafond en de lagere energietarieven zijn eindelijk voelbaar in de portemonnee van de consument.  ( 4 min )
    Japans sushirestaurant wil forse omzetdaling verhalen op minderjarige sushilikker
    Een jongen die onder meer aan een sojafles likte in een Japans restaurant en zijn actie liet filmen, kan een gepeperde rekening verwachten. Sushiketen Sushiro eist namelijk een forse schadevergoeding van de 'sushiterrorist' voor de dalende omzet.  ( 4 min )
    Oproep | Werk jij voor een bagageafhandelaar op Schiphol? Dan zoeken we jou
    Alle zes bedrijven die bagage op Schiphol afhandelen, hangt een boete boven het hoofd. De fysieke belasting is gevaarlijk voor hun medewerkers, oordeelt de Arbeidsinspectie. Kun jij ons meer vertellen over dit zware werk? En heb jij ideeën voor oplossingen?  ( 2 min )
    Groene vingers jeukten weer in zonnige mei, vooral petunia en hortensia populair
    Omdat de zon in mei volop scheen, zijn Nederlanders weer aan het tuinieren geslagen. Bij veiling FloraHolland was de omzet aan verhandelde tuinplanten 22,5 procent hoger dan vorig jaar. Vooral petunia's, hortensia's en geraniums waren populair.  ( 4 min )
    Meer samenwerking tussen VS en VK om Rusland en China tegenwicht te bieden
    De Verenigde Staten en het Verenigd Koninkrijk gaan economisch nauwer samenwerken. Met de zogenoemde Atlantische Verklaring willen ze Rusland en China meer tegenwicht bieden.  ( 3 min )
    Japans sushirestaurant wil dalende omzet verhalen op minderjarige sushilikker
    Een jongen die onder meer aan een sojafles likte in een Japans restaurant en zijn actie liet filmen, kan een gepeperde rekening verwachten. Sushiketen Sushiro eist namelijk een forse schadevergoeding van de 'sushiterrorist' voor de dalende omzet.  ( 4 min )
    Lidl legt vegetarische producten direct naast vlees om vleeseter te verleiden
    Wie straks een burgertje wil uitzoeken in de Lidl kan straks in één handbeweging voor de vegetarische variant kiezen. De discounter gaat de vier best lopende vleesvervangers namelijk direct naast het vlees leggen in de koeling.  ( 3 min )
    In alle bedrijfstakken is het ziekteverzuim gedaald
    Het ziekteverzuim op de werkvloer lag in het eerste kwartaal van 2023 beduidend lager dan een jaar eerder. In alle bedrijfstakken daalde het aantal dagen dat medewerkers zich ziek meldden.  ( 4 min )
    Overheid helpt mensen in de bijstand niet altijd goed genoeg
    De Participatiewet, die sinds 2015 de bijstand regelt, heeft een te grote focus op betaald werk. Daardoor krijgen bijstandsgerechtigden niet altijd voldoende hulp bij hun problemen, concludeert het Sociaal en Cultureel Planbureau (SCP) in een nieuw onderzoek.  ( 3 min )
    Run op vaste energiecontracten nu ze weer beschikbaar zijn
    Nederlanders sluiten de laatste tijd weer veel energiecontracten af waarin de tarieven voor langere tijd vastliggen. Vooral de jaarcontracten doen het goed, merkt vergelijkingssite Independer. Ook Eneco en Essent zien dat veel mensen op zoek zijn naar zekerheid.  ( 4 min )

  • Open

    Pros and Cons of a Strong Dollar
    While a strong U.S. dollar benefits some, it negatively impacts others. These are the advantages and disadvantages of a strong U.S. dollar, and who gains and loses.  ( 22 min )
    Devaluation: What It Is and How It Works
    Devaluation is the deliberate downward adjustment to the value of a country's currency relative to another currency or standard.  ( 23 min )
    Top CD Rates Today, June 8, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Cut-Off Score: Definition and What It Means to Consumers
    A cut-off score is a minimum credit score an individual may need to get a loan or other form of credit from a particular lender.  ( 22 min )
    Top Savings Rate Hits New High, Plus More Options Now Pay Over 5%
    Savings account rates are at record highs, giving you multiple options that earn more than 5%, including a top nationwide rate of 5.12% APY.  ( 18 min )
    Marcus Savings Account Interest Rates: June 2023
    Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.  ( 19 min )
    State Farm Savings Account Interest Rates: June 2023
    State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.  ( 19 min )
    U.S. Bank Savings Account Interest Rates: June 2023
    Check U.S. Bank’s current savings account interest rates, and see how they compare to the top accounts in the market today.  ( 18 min )
    What Is a Clean-Up Requirement?
    A clean-up requirement is a stipulation that is intended to help lenders ensure that borrowers who use revolving lines of credit pay their debts.  ( 20 min )
    Fidelity Cash Management Account Interest Rate: June 2023
    If you’re looking for a flexible way to earn more interest on your savings, Fidelity Investment’s Cash Management Account offers a modest APY and unique perks worth considering.  ( 20 min )
    Markets Rose on Thursday, June 8, 2023, Led by Tech Stocks, on Optimism the Fed Might Pause Rate Increases
    Markets rose, led by tech stocks, on expectations the Fed may pause raising interest rates at its meeting next week.  ( 16 min )
    Michael Jordan's Iconic 'Flu Game' Air Jordan Sneakers May Fetch More Than $1 Million
    A rare pair of Air Jordan sneakers that are an iconic part of basketball history are up for auction and likely to fetch more than $1 million.  ( 16 min )
    Amortized Loan: What It Is, How It Works, Loan Types, Example
    An amortized loan is a loan with scheduled periodic payments of both principal and interest, initially paying more interest than principal until eventually that ratio is reversed.  ( 21 min )
    10 Countries With the Highest Incomes
    Learn more about the top 10 countries that have the most disposable income per capita.  ( 24 min )
    Dow Jones Today: Index Moves Higher on Lower Volume
    Despite muted trading volumes, the Dow Jones Industrial Average rose 0.5%, or 169 points, as investors digested data that suggested rising interest rates may finally be hitting the labor market.  ( 16 min )
    What Is a Covenant? Definition, Meaning, Types, and Examples
    A covenant is a commitment in a bond or other formal debt agreement that certain activities will or will not be undertaken.  ( 30 min )
    8 Unusual Ways Businesses Can Borrow Money
    More and more alternative lenders have emerged for business owners. But beware: Some offer better terms than others.  ( 20 min )
    CFA Certifications: Advantages and Disadvantages
    Earning the CFA certification can be a grueling process. Before you commit, read what it takes to become a CFA and how it could benefit your career.  ( 25 min )
    3 Reasons Why Countries Devalue Their Currency
    Ever since world currencies abandoned the gold standard, many currency devaluation events have sent disruptive ripples across the globe.  ( 22 min )
    Almost 80% of Would-Be Homebuyers Fear Getting Priced Out of the Market Says Realtor.com
    More than two-third of potential homebuyers say they would be sidelined if the Federal Reserve continues to hike interest rates and a lack of homes on the market push prices higher.  ( 16 min )
    US Solar Installations Hit Q1 Record as Delayed Projects Came Online
    The amount of power produced from Q1 solar installations in the U.S. was up 47% from 2022, setting an all-time Q1 high as delayed projects came online.  ( 16 min )
    What Is a Homeowners Association (HOA) and How Does It Work?
    A homeowner association (HOA) makes and enforces rules for a subdivision, planned community, or condominium building; its members are residents.  ( 26 min )
    What Is an Invoice? It's Parts and Why They Are Important
    An invoice records itemized transactions and is used for expense management and bookkeeping.  ( 25 min )
    How Apple Makes Money
    iPhones are the biggest revenue source, but its services business has the largest margins.  ( 27 min )
    Carvana Boosts Guidance on Cost Savings, and Shares Soar
    Carvana shares surged to their highest level in more than eight months after the company said its cost-cutting moves are working, and raised its current quarter guidance.  ( 16 min )
    Top Consumer Discretionary Stocks for June 2023
    Light & Wonder, Rivian Automotive, and MINISO Group Holding are the top consumer discretionary stocks for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Financing: What It Means and Why It Matters
    Financing is the process of providing funds for business activities, making purchases, or investing.  ( 24 min )
    How Investing in a Turnkey Property Works
    Turnkey properties can make sense for people who want a real estate investment without truly being in the real estate business.  ( 22 min )
    Monopolistic Competition: Definition, How it Works, Pros and Cons
    Monopolistic competition exists when many companies offer competitive products or services that are similar, but not exact, substitutes.  ( 25 min )
    Fiat Money: What It Is, How It Works, Example, Pros & Cons
    Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver.  ( 28 min )
    Minority IPO Defined
    A minority IPO, also known as a partial IPO, is a type of initial public offering (IPO) in which a parent company partially divests itself of one of its subsidiaries.  ( 18 min )
    Flipping Houses: How it Works, Where to Start, and 5 Mistakes to Avoid
    Far too many novice house flippers overlook the basics and end up failing. These are the five biggest mistakes that would-be flippers make.  ( 27 min )
    Hire Purchase Agreements: Definition, How They Work, Pros and Cons
    Hire purchase agreements allow buyers to purchase expensive goods, but they don't own the goods until the last installment has been paid.  ( 23 min )
    What Is a Payment Gateway? How It Works and Example
    A payment gateway is the front-end technology that reads payment cards and sends customer information to the merchant acquiring bank for processing.  ( 22 min )
    SEC Chair Doubles Down on Need For Crypto Regulation
    Just days after suing some of the largest crypto exchanges in the world, SEC chief Gary Gensler was scathing in his criticism of crypto firms, saying that they are subject to U.S. securities laws.  ( 17 min )
    How to Invest in LGBTQ+-Friendly Companies
    Research shows that companies with socially inclusive, LGBTQ+-friendly policies have stronger employee retention and improved share performance.  ( 24 min )
    How Does the Envelope Budgeting System Work?
    The envelope budgeting system is designed to make it easier to track cash spending each month. Learn how it works.  ( 22 min )
    5 Companies Owned by Square (Block)
    Stitch Labs, Weebly, Verse Technologies, Eloquent Labs, and Third Party Trade are all major companies owned by Square (Block).  ( 23 min )
    Absolute Advantage: Definition, Benefits, and Example
    Absolute advantage allows an entity to produce a greater quantity of the same good or service with the same constraints than another entity. Learn how it impacts trade.  ( 26 min )
    Discount Rate Defined: How It's Used by the Fed and in Cash-Flow Analysis
    "Discount rate" has two distinct definitions. It can refer to the interest rate the Federal Reserve charges banks for short-term loans, but it's also used in future cash flow analysis.  ( 28 min )
    Elon Musk’s 5 Best Investments
    Read about some of the most important and impressive investments of Elon Musk, the engineer and tech superstar who has founded multiple businesses.  ( 23 min )
    Markets Gain at Midday, Lifted by Tech Stocks, Possible Fed Rate Hike Pause
    U.S. equities gained at midday on Thursday, June 8, 2023, boosted by tech stocks after a greater-than-expected rise in weekly unemployment claims raised speculation the Fed might pause raising interest rates to fight inflation.  ( 16 min )
    Commercial Office Vacancy Rates Don't Tell the Whole, Troublesome Story
    As office leases expire, tenants will downsize, leaving landlords unable to pay mortgages.  ( 17 min )
    International Petroleum Investment Company (IPIC)
    The International Petroleum Investment Company (IPIC) is an investment organization that manages the wealth fund for Abu Dhabi, United Arab Emirates.  ( 17 min )
    Today's Mortgage Rates & Trends - June 8, 2023: Rates Dip
    Rates on 30-year mortgages dipped slightly, keeping them wavering in a narrow range over the last four days. Averages were also down or steady for almost every other loan type.  ( 19 min )
    Excess Judgment Loss Definition
    An excess judgment loss is the additional amount that an insurer must pay above the policy limit.  ( 19 min )
    Signet Jewelers Lowers Outlook as Mother's Day Sales Disappoint
    Signet Jewelers shares fell after it cut its guidance on slow Mother's Day sales and consumer caution.  ( 16 min )
    American Express CD Rates: April 2023
    American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.  ( 20 min )
    IRS Error Hits Some Disaster-Affected California Taxpayers with Incorrect Due Dates
    The Internal Revenue Service has apologized to taxpayers who were sent payment demands months ahead of schedule.  ( 17 min )
    Lenders: Definition, Types, and How They Make Decisions on Loans
    A lender is an individual, a group, or a financial institution that lends funds with the expectation that the funds will be repaid.  ( 22 min )
    GameStop Shares Sink after the Retailer Fires CEO, Elevates Ryan Cohen
    GameStop shares plunged after the electronics retailer fired CEO Matthew Furlong and named activist investor and board member Ryan Cohen as executive chair as sales fell.  ( 17 min )
    Consumer Bankers Association (CBA) Definition
    The Consumer Bankers Association (CBA) is a U.S. trade organization representing financial institutions offering retail lending products and services.  ( 20 min )
    What Is a Billionaire?
    A billionaire is an individual who has assets or a net worth of at least one billion currency units, such as dollars or euros.  ( 20 min )
    Special Economic Zone (SEZ) Meaning and Relation to FDI
    A special economic zone is a designated area in a country that is subject to unique economic regulations that differ from other areas in the same country.  ( 22 min )
    Top Healthcare Stocks for June 2023
    Top healthcare stocks include Theravance Biopharma for best value, Dr Reddy's Laboratories for fastest growth, and Viking Therapeutics for most momentum.  ( 21 min )
    Top Consumer Staples Stocks for June 2023
    Cal-Maine Foods is top for value and e.l.f. Beauty is top for growth and momentum, respectively  ( 20 min )
    Unemployment Claims Surged Last Week. Is the Labor Market Weakening?
    Claims for unemployment insurance were made at a rate not seen since October 2021, signaling that the high-flying labor market may finally be losing altitude.  ( 16 min )
    Simple Loan Calculator
    Investopedia’s simple loan calculator will help you understand what your potential monthly payment would be and what you need to know before taking out a loan.  ( 16 min )
    U.S. Savings Bonds vs. CDs: What’s the Difference?
    U.S. savings bonds and certificates of deposit (CDs) are both safe investments that offer modest returns. Which one you choose depends on your time line.  ( 24 min )
    What Does Ltd. (Limited) Mean After a Business Name?
    Ltd. is an abbreviation for "limited," a type of incorporation used in the United Kingdom, Ireland, Canada, and other Commonwealth countries.  ( 22 min )
    Is Eurozone In a Recession? Depends on Your Definition of a Recession
    While the region's gross domestic product hit a statistically significant marker of a recession, economists have not yet sounded the alarm.  ( 16 min )
    Loan Amortization Calculator
    A loan amortization schedule shows how much interest and principal you will be paying off each month for the term of a loan.  ( 15 min )
    New York City Rents Are Breaking Records—And Are Expected to Keep Growing
    New lease signings surged in May and listings were still historically low, putting pressure on rent prices in Manhattan, Queens and Brooklyn.  ( 17 min )
    Sampling: What It Is, Different Types, and How Auditors and Marketers Use It
    Sampling is a process used in statistical analysis in which a group of observations are extracted from a larger population.  ( 25 min )
    5 Things to Know Before Markets Open
    President Joe Biden vetoed legislation that would block his student loan forgiveness program and GameStop shares dropped after it fired its CEO and elevated Chewy-founder Ryan Cohen to executive chair. Here’s what investors need to know today.  ( 18 min )
    Understanding Credit Card Interest
    Charging you interest is one way that credit card companies make money. Here is how credit card interest works—and how to pay less of it.  ( 27 min )
    What Is an Asset? Personal and Business Assets
    An asset is a resource owned by an individual or business that provides present or future value.  ( 22 min )
    Emergency Banking Act of 1933: Definition, Purpose, Importance
    The Emergency Banking Act of 1933 was passed to restore investor confidence and stabilize banks in the wake of the Great Depression.  ( 24 min )
  • Open

    Dow Jones Futures: Boeing, Apple Chipmaker In Buy Areas; Tesla Runs Late On GM Deal
    No content preview
    The bear market is over. Here's why investors see better days ahead.
    Long market slump was especially painful for Americans saving for retirement, with their investments losing $3 trillion in value.  ( 6 min )
    The 'mother of all melt-ups' in stocks could be quickly followed by a meltdown as the bubble in overvalued names pops, Ed Yardeni says
    No content preview
    Blackstone Says PE Investors Lack Extra Cash: Bloomberg Invest
    (Bloomberg) -- The Bloomberg Invest conference resumed Thursday with some of the most influential leaders in finance gathering in New York for conversations on a wide range of topics, including artificial intelligence, cryptocurrencies and venture capital.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally Resume  ( 13 min )
    Top CD Rates Today, June 8, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    DocuSign Shares Climb With Turnaround Efforts Under Way
    The e-signature company has cut jobs and changed leadership in response to slower growth.  ( 27 min )
    Delta Air Lines Profit Expected To Soar 75%
    No content preview
    If You Don’t Like It, Leave: CZ's Message to Employees After SEC Leaks Chat Logs
    According to a translated copy of an internal memo, Binance's CEO said the leaked chat logs "did a lot of damage."  ( 6 min )
    Real-estate tycoon Jeff Greene made $800 million shorting the last housing bubble. He explains how John Paulson inspired the contrarian bet, and how he's protecting his wealth today.
    No content preview
    Boeing Is Rising Again as Travel Rebound Lifts Aviation Stocks
    The stock just missed finishing at a new 52-week closing on Thursday. There are a couple of reasons the shares have been gaining ground.  ( 34 min )
    Carvana Short Sellers Lose $1 Billion After Record Rally
    (Bloomberg) -- Short sellers in Carvana Co. just passed a grim milestone: more than $1 billion in losses this year.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally Resumes: Markets WrapBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersA hot streak for the struggling used-car dealer has spelled only troub  ( 7 min )
    DocuSign Shares Soar on Strong Revenue and Billings
    E-signature company DocuSign beat street estimates on every metric. The company raised full-year guidance.  ( 22 min )
    Google has officially changed its mind about remote work
    Yet another big tech baron is beckoning workers back to the office. Now Google is doubling down on enforcing in-person work, according to a new company notice.  ( 9 min )
    The S&P 500 is in a bull market. Here's what that means and how long the bull might run
    The S&P 500 is now in what Wall Street refers to as a bull market, meaning the index has risen 20% or more from its most recent low. WHY IT IS CALLED A BULL MARKET? Wall Street’s nickname for a surging stock market is a bull market because bulls charge, said Sam Stovall, chief investment strategist at CFRA.  ( 7 min )
    Carvana stock, heavily shorted, gains 56% after outlook update
    Carvana stock surged Thursday on its updated guidance and a focus on profitability.  ( 7 min )
    'This Really Needs To Stop': Elon Musk Just Slammed Ireland's Plans To Slaughter 200K Cows For Climate Change — 3 Top Green Stocks That Actually Make A Difference
    Cows, like all living mammals, produce greenhouse gases, which could threaten their existence. According to the Telegraph, Ireland is reportedly considering killing 200,000 cows in the country to meet the European Union’s climate targets. Not everyone is a fan of this method. “Reports like this only serve to further fuel the view that the government is working behind the scenes to undermine our dairy and livestock sectors,” said Tim Cullinan, president of the Irish Farmers’ Association. It also  ( 9 min )
    Stocks rise, S&P 500 enters new bull market: Stock market news today
    Stocks have now risen more than 20% since their October lows, marking a new bull market for the S&P 500.  ( 8 min )
    Bud Light is no longer America's best-selling beer
    Mexican-style lager Modelo Especial outsold the popular Anheuser-Busch last month, new sales data shows.  ( 6 min )
    Billionaire investor Ray Dalio says the US is at the start of a debt crisis - and worse times are ahead for the economy
    No content preview
    SEC Seeks ‘Alternative Means’ to Serve Papers to Binance’s Zhao
    (Bloomberg) -- The US Securities and Exchange Commission asked a federal court for permission to use “alternative means” to serve papers to Binance Holding Ltd. and Changpeng Zhao, noting that the crypto executive is “famously protective of revealing his whereabouts.”Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersLeaving New York for Miami Can  ( 6 min )
    Warren Buffett's Advice For Introverts: Conquering Fears And Mastering Communication
    Warren Buffett, the brilliant billionaire investor renowned for his frugality and investment genius, has proven time and again that his wisdom extends far beyond the realm of finance. Recently, Buffett offered direct advice to introverts seeking to navigate the fast-paced and often extrovert-centric business landscape, shedding light on his own experiences and the strategies he employed to overcome obstacles. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Sta  ( 7 min )
    Let’s Try ‘Return to Work’ Without the Stunts
    Costumed retreats and ‘vibe managers’ ignore the fact that offices aren’t supposed to be fun  ( 26 min )
    Carvana stock, heavily shorted, jumps 50% after outlook update
    Carvana stock surged Thursday on its updated guidance and a focus on profitability.  ( 7 min )
    Cathie Wood Slams the SEC, Claims Coinbase Will Come Out a Winner
    ARK Invest’s CEO said that the SEC’s prompt action against Coinbase following the Binance lawsuit was “unfortunate.”  ( 7 min )
    AI Stocks Aren’t in a Bubble. Look at the Numbers.
    Microsoft, Nvidia, AMD, Meta Platforms, and Alphabet stocks have surged. They aren't in bubble territory, however, when considering valuations relative to historical data.  ( 22 min )
    Nikola Shareholders Reject Plan for More Stock Shares
    The electric-vehicle maker, which needs cash for the production of trucks, extends voting to July.  ( 28 min )
    Qualcomm May Be a Hidden AI Winner, Says Analyst. Smartphone Chips Are Why.
    TD Cowen analyst Matthew Ramsay says chips within phones, such as those the company makes, could handle some of the processing for AI queries.  ( 22 min )
    UPDATE 1-Trump asks for new trial in E. Jean Carroll sex abuse case -court filing
    Donald Trump on Thursday asked for a new trial in the civil case brought by E. Jean Carroll, in which a Manhattan jury last month found the former U.S. president liable for sexually abusing and defaming the writer and awarded her $5 million in damages. In a filing in Manhattan federal court, Trump's lawyers said the jury's $2 million award for the sexual abuse portion of the verdict was "excessive" because the jury had found that Carroll was not raped, and that the conduct Carroll alleged did not cause any diagnosed mental injury. A lawyer for Carroll had no immediate comment.  ( 6 min )
    Kim Kardashian seeks secret of private equity success as rising rates bite
    BERLIN (Reuters) -Reality star Kim Kardashian's arrival at a gathering of the globe's top deal brokers in Berlin failed to dispel their dark mood as the rising cost of money puts the brakes on the private equity industry. Flanked by bodyguards, Kardashian drew a crowd of hundreds of executives at the SuperReturn industry event, saying she wanted to learn the secrets of investing having set up her own fund last year. Talking about her ambitions, Kardashian, whose empire spans skincare and underwear, sought what she called the "magic sauce" or special qualities of founders of companies which her fund, that has yet to make an investment, could back.  ( 7 min )
    Supreme Court Says Jack Daniel’s Can Sue Maker of ‘Bad Spaniels’ Dog Toy
    The Supreme Court said the distiller of Jack Daniel’s whiskey could pursue a trademark claim against the maker of Bad Spaniels, a dog toy resembling a famous liquor bottle.  ( 30 min )
    How Google plans to finally force workers back to the office
    A year ago, Google greeted staff members coming back to the office for the first time with a lavish party.  ( 10 min )
    Carvana Shares Jump Nearly 50% as Company’s Profit Outlook Improves
    The online used-car retailer says its cost-cutting efforts are taking hold.  ( 34 min )
    Oil Prices Dive After Report of U.S.-Iran Talks
    U.S. crude prices fell nearly 5% Thursday after a report of U.S.-Iran talks on a temporary nuclear deal that would allow the Islamic Republic to export more crude. Middle East Eye reported that the countries are [nearing a stopgap agreement](https://www.middleeasteye.net/news/iran-us-nuclear-near-i  ( 20 min )
    Three Unexpected Reasons Oil Prices Are Lower Than Expected
    Research firm Energy Aspects is slashing its oil price forecast by $15 a barrel for the second half of the year, citing three factors that don't ordinarily play a major role in the game of predicting crude's direction. According to Energy Aspects' report out today: Higher rates: Interest r  ( 22 min )
    Tesla Stock Rises Again. It’s About the Cybertruck This Time.
    Tesla stock is on pace for its 10th consecutive gain. Here's one reason why the shares are on fire.  ( 25 min )
    Kevin O'Leary says if Coinbase CEO worked for him, 'I'd fire him'
    O’Leary criticized Coinbase Global (COIN) leadership for “butting heads” with the SEC – which on Tuesday sued the cryptocurrency exchange for acting as an exchange, a broker, and a clearing agency without registering.  ( 8 min )
    QT Will Soon Begin to Bite With 10% Hit to Liquidity, BNP Warns
    (Bloomberg) -- The unwinding of balance sheets by major central banks will soon begin to bite, causing a massive siphoning of liquidity from markets, hitting risk assets while driving bond yields and the dollar higher, according to BNP Paribas SA.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseLeaving New York for Miami Can Save Nearly $200,0  ( 7 min )
    Tesla Stock’s Hot Streak Keeps Rolling
    Shares of Tesla just keep on rising. The electric automaker's stock, recently up nearly 4% to about $232, is on track to finish higher for a tenth straight session, according to Dow Jones Market Data. That would represent its longest winning streak since an 11-session run that ended in January 202  ( 19 min )
    Carvana stock jumps 25% after outlook update
    Carvana (CVNA) stock was trading 25% higher on Thursday after the online car retailer raised its outlook.  ( 7 min )
    What's Going On With FuelCell Energy's Stock Today
    FuelCell Energy Inc (NASDAQ: FCEL) reported second-quarter FY23 revenues of $38.35 million, more than double from $16.38 million a year ago, beating the consensus of $25.45 million. "Revenue growth in the quarter was largely driven by revenues from long-term service agreements, primarily relating to the new module exchanges at the plant owned by Korea Southern Power Company ("KOSPO") in Korea that were completed during the quarter," commented Jason Few, President and Chief Executive Officer. The  ( 7 min )
    Don’t Fear the Bull Market. Why Stocks Are Headed Higher.
    The stock market has climbed a wall of worry to start the year and is nearing a bull market. Now the fun part begins. It’s time to enjoy a new bull market.  ( 38 min )
    Debt Ceiling Deal Spurs the Market
    No content preview
    As A.I. stocks soar, here’s what top investors like Ray Dalio, Dawn Fitzpatrick, and Stan Druckenmiller think of their prospects
    "I'm extremely excited. I think that this is a the greatest revolution—bigger than the internet revolution," said famed investor Dalio, who founded Bridgewater Associates.  ( 7 min )
    Bonds Are Back. Where Vanguard’s Bond Boss Sees Value Now.
    Sara Devereux, head of fixed income at Vanguard, oversees a unit with more that $2 trillion in assets. Her take on Treasuries, corporates, munis, and more.  ( 25 min )
    ‘Lithium Batteries Are the New Oil,’ According to Elon Musk — Here Are 2 Stocks to Take Advantage
    Last summer, Elon Musk went on record describing lithium as ‘the new oil,’ pointing out that the light metallic element now forms a vital link in the automotive industry and supply chain. Lithium is an essential component of modern rechargeable battery technology and is found in everything from smartphones and tablets to laptop computers to electric-powered bicycles and automobiles. That last application, to electric vehicles (EVs), is a rapidly growing niche, as both political and social incent  ( 10 min )
    Stocks flat as investors weigh economic data, GameStop shakeup: Stock market news today
    Stocks were little changed on Thursday as the artificial intelligence driven rally awaits a new catalyst.  ( 8 min )
    How to Split Gifts on a Tax Return
    No content preview
    9 Stocks That Could Be Dropped From the S&P 500
    Lower market values make companies vulnerable to being bounced from the key index.  ( 25 min )
    Carvana Shares Soar on Forecast of Improved Financial Results
    (Bloomberg) -- Shares in used-car retailer Carvana Inc. soared as much as 32% in premarket trading after the struggling company said its operations are improving in the second quarter.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsRay Dalio Says US at Beginning of ‘Late, Big-Cycle Debt Crisis’Messi Spurns $400 Million Saudi Offer to Join B  ( 7 min )
    Dow Jones Futures Fall After Surprise Jump In Jobless Claims; GME Stock Crashes 22% After Firing CEO
    No content preview
    Roth IRA vs. Annuity: Which Is Better For My Retirement Lifestyle?
    There are different financial vehicles that you can use to save for retirement. A Roth individual retirement account is one option; an annuity is another. A Roth IRA annuity combines features of both into a single financial tool. You can … Continue reading → The post Using a Roth IRA Annuity for Retirement appeared first on SmartAsset Blog.  ( 9 min )
    Is $6 Million Enough For Me to Retire at 55?
    With smart money management, retiring at 55 years old with $6 million could be a breeze. But a lot of work has to go into the strategies you make and the actions that you take. That also includes how you … Continue reading → The post Is $6 million Enough to Retire at 55? appeared first on SmartAsset Blog.  ( 9 min )
    Carvana Stock Jumps on Improved Second-Quarter Outlook
    Carvana now anticipates to achieve second-quarter adjusted Ebitda of $50 million.  ( 22 min )
    GameStop stock tanks after company fires CEO
    Gamestop fired its CEO Wednesday with no explanation. Wall Street hasn't reacted positively.  ( 8 min )
    Stock futures flat as investors weigh economic data, GameStop shakeup: Stock market news today
    Stocks were little changed on Thursday as the artificial intelligence driven rally awaits a new catalyst.  ( 8 min )
    Your Stocks Can Make You A Millionaire — Here's How
    No content preview
    FuelCell’s Revenue More Than Doubles. The Stock Is Falling Anyway.
    FuelCell reports a second-quarter loss of 9 cents a share on revenue of $38.3 million.  ( 25 min )
    Stock futures flat ahead of new economic data: Stock market news today
    Stocks were little changed on Thursday as the artificial intelligence driven rally awaits a new catalyst.  ( 8 min )
    Sell Fisker Stock, Says Analyst. There’s Just Too Much EV Competition.
    Wolfe Research analyst Shreyas Patil downgraded shares of EV start-up Fisker to Sell from Hold, Thursday, according to stock market ratings aggregators. His price target for the stock is $6.  ( 22 min )
    Nikola Needs Votes. Stock Drops as Meeting Adjourned to Garner Support.
    The start-up, which makes trucks powered by battery and hydrogen fuel cells, wants to issue more shares, a necessary precursor to raising more capital.  ( 22 min )
    Daily Spotlight: Bull Market Beginning?
    No content preview
    Technical Assessment: Bearish in the Intermediate-Term
    No content preview
    Semtech Stock Soars. It’s Not Just a Surprise Profit That’s Lifting Hopes.
    A new CEO is set to join the chip supplier which analysts say could result in aggressive actions around costs leading to a turnaround.  ( 22 min )
    Market Digest: IART
    No content preview
    Daily – Vickers Top Insider Picks for 06/08/2023
    No content preview
    Daily – Vickers Top Buyers & Sellers for 06/08/2023
    No content preview
    The US Big Tech Bull Case Is Starting to Show Signs of Fatigue
    (Bloomberg) -- The artificial intelligence hype that has propelled US technology stocks in the past few weeks is showing signs of fatigue.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally Resumes: Markets WrapBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersTech is the worst-performing industry group in  ( 8 min )
    Google ramps up return-to-office push by using in-person attendance as part of employee performance reviews
    Google would also allow a full-time remote arrangement only in exceptional cases, the tech giant said.  ( 9 min )
    Bonds Everywhere Are Suffering as Rate-Hike Fears Swamp Traders
    (Bloomberg) -- Bonds are slumping from the US to Australia as early hawkish signs from this month’s slew of central-bank meetings spurred traders to renew bets on an extended interest-rate hiking cycle. Most Read from BloombergThese Are the World’s 20 Most Expensive Cities for Expats in 2023Tech Stocks Sputter as Traders Consider July Hike: Markets WrapFlights to LaGuardia Airport Grounded as Smoke Blankets NYCMessi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiDam Destroyed in the Dead  ( 7 min )
    These 2 Energy Stocks Could Get a Boost From Falling Prices
    Oil producers Devon Energy and Marathon Oil stand to gain as their operational costs ease, says Citigroup.  ( 22 min )
    Analysis-Fading risks, fear of missing out may fuel US stocks after near 20% rally
    Worries that have dogged U.S. stocks for months are fading, pushing some Wall Street firms to raise their outlooks for equities and beckoning investors who have remained on the sidelines. Signs of strength in the economy, relief over a deal to raise the U.S. debt ceiling and an interest rate hiking cycle that may be nearing its end have heartened investors and driven the benchmark S&P 500 up nearly 20% from its October low - one definition of a bull market. And while computer-driven strategies have been piling into the market for months, according to Deutsche Bank, positioning among discretionary investors -- a cohort that includes everyone from active mutual funds to retail investors -- is lighter than it has been 74% of the time since 2010, the bank’s data showed.  ( 8 min )
    Bonds Are Back. Where Vanguard’s Bond Boss Sees Value Now.
    Sara Devereux, head of fixed income at Vanguard, oversees a unit with more that $2 trillion in assets. Her take on Treasuries, corporates, munis, and more.  ( 22 min )
    The worst liquidity crunch since the Lehman Brothers crisis will be the stock market's biggest obstacle this summer, JPMorgan's chief equity strategist says
    No content preview
    Gold jumps as US dollar, yields dip after jobless claims data
    Gold prices climbed more than 1% on Thursday as the dollar and bond yields slipped after data showed U.S. weekly jobless claims surged last week, cementing expectations that the Federal Reserve will pause its interest rate hiking cycle. Spot gold rose 1.4% to $1,967 per ounce by 12:03 p.m. EDT (1603 GMT). The number of Americans filing new claims for unemployment benefits surged last week, suggesting that the labour market was slowing amid mounting risks of a recession.  ( 7 min )
    Dow Jones Futures: Market Rally Turns Upside Down; Here's What To Do Now
    No content preview
    Copper Slump Will Give Way to Record Buying Spree, Citi Says
    (Bloomberg) -- Investors look set to pile into the copper market on an unprecedented scale in the next few years as usage surges in electric vehicles and renewable energy, according to Citigroup Inc.Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiBonds Everywhere Are Suffering as Rate-Hike Fears Swamp TradersFlights to LaGuardia Air  ( 9 min )
    Oil falls, pares losses on White House rebuttal of Iran deal report
    Oil prices fell $3 a barrel on Thursday as demand weakness and a report that the U.S. and Iran may be approaching a deal on oil exports outweighed expectations of tighter Saudi supply and a potential pause to U.S. interest rate hikes. Oil fell on a news report, citing sources, that Iran and the U.S. are nearing a temporary deal that would trade some sanctions relief in exchange for reducing Iran's uranium enrichment. At an OPEC+ meeting on Sunday, Saudi Arabia said it will cut its crude output by 1 million barrels per day in July on top of a broader deal to limit supply into 2024 as the producer group seeks to boost flagging prices.  ( 7 min )
    Javice Accuses Prosecutors, SEC of ‘Hide-the-Ball’ Tactics
    (Bloomberg) -- A lawyer representing Charlie Javice accused the US of deploying “hide-the-ball” legal tactics in an effort to gain an advantage in its criminal prosecution of the Frank founder.Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiBonds Everywhere Are Suffering as Rate-Hike Fears Swamp TradersFlights to LaGuardia Airport G  ( 8 min )
    Nikola Adjourns Meeting to Marshal Shareholder Support
    The company wants to issue more shares, a necessary precursor for raising more capital.  ( 22 min )
  • Open

    Dow Jones Today: Index Moves Higher on Lower Volume
    Despite muted trading volumes, the Dow Jones Industrial Average rose 0.5%, or 169 points, as investors digested data that suggested rising interest rates may finally be hitting the labor market.  ( 1 min )
    Markets Rise, Led by Tech Stocks, on Optimism the Fed Might Pause Rate Increases
    Markets rose, led by tech stocks, on expectations the Fed may pause raising interest rates at its meeting next week.  ( 1 min )
    Markets Gain at Midday, Lifted by Tech Stocks, Possible Fed Rate Hike Pause
    U.S. equities gained at midday on Thursday, June 8, 2023, boosted by tech stocks after a greater-than-expected rise in weekly unemployment claims raised speculation the Fed might pause raising interest rates to fight inflation.  ( 1 min )
    5 Things to Know Before Markets Open
    President Joe Biden vetoed legislation that would block his student loan forgiveness program and GameStop shares dropped after it fired its CEO and elevated Chewy-founder Ryan Cohen to executive chair. Here’s what investors need to know today.  ( 1 min )
  • Open

    Carvana Boosts Guidance on Cost Savings, and Shares Soar
    Carvana shares surged to their highest level in more than eight months after the company said its cost-cutting moves are working, and raised its current quarter guidance.  ( 1 min )
    Signet Jewelers Lowers Outlook as Mother's Day Sales Disappoint
    Signet Jewelers shares fell after it cut its guidance on slow Mother's Day sales and consumer caution.  ( 1 min )
    GameStop Shares Sink after the Retailer Fires CEO, Elevates Ryan Cohen
    GameStop shares plunged after the electronics retailer fired CEO Matthew Furlong and named activist investor and board member Ryan Cohen as executive chair as sales fell.  ( 1 min )
  • Open

    NU+ | Hier kun je aankloppen voor financiële, sociale of mentale hulp
    Een op de tien volwassenen heeft te maken met opstapelende mentale problemen. Om hulp vragen kan moeilijk zijn, zeker als je niet weet waar je terechtkunt. NU.nl zet een aantal mogelijkheden op een rijtje.  ( 4 min )
    Kaag: 'Graaiflatie een frame dat je niet zomaar kunt gebruiken'
    De term graaiflatie kun je niet zomaar op alle prijsstijgingen plakken, vindt minister Sigrid Kaag (Financiën). Volgens haar doet de term geen recht aan de werkelijkheid. De bewindsvrouw sluit niet uit dat er alsnog maatregelen komen om de inflatie te dempen.  ( 5 min )
    Auto opladen op Terschelling dubbel zo duur als in Staphorst of Losser
    Prijzen aan de laadpaal voor elektrische auto's verschillen enorm per gemeente. Een strategische oplaadplek kan per maand meerdere tientjes schelen.  ( 4 min )
    Europese chipbedrijven kunnen miljarden euro's tegemoetzien
    Bedrijven in de Europese chipsector ontvangen de komende tijd 8,1 miljard euro voor tientallen verschillende projecten. Met het geld kunnen bedrijven zoals ASML innovaties ontwikkelen die van Europa een voorloper moeten maken op het gebied van chiptechnologie.  ( 3 min )
    Accountants moeten van toezichthouder scherper naar frauderisico kijken
    Accountants kijken te oppervlakkig naar het risico op fraude bij bedrijven. Daardoor is de kans groot dat ze onregelmatigheden in de boekhouding over het hoofd zien, meldt toezichthouder AFM op basis van onderzoek.  ( 3 min )
    Huren gaan volgende maand paar procent verder omhoog
    Wie een woning huurt van een corporatie betaalt vanaf juli gemiddeld 2,4 procent meer dan nu. Voor ongeveer 600.000 huishoudens gaat de huur juist omlaag, om ze te ontzien in tijden van hoge inflatie.  ( 4 min )
    Accountants moeten van AFM scherper naar frauderisico kijken
    Accountants kijken te oppervlakkig naar het risico op fraude bij bedrijven. Daardoor is de kans groot dat ze onregelmatigheden in de boekhouding over het hoofd zien, meldt toezichthouder AFM op basis van onderzoek.  ( 3 min )
    Nedcar-personeel mag geheim document van opdrachtgever BMW toch inzien
    De ondernemingsraad (or) van autofabriek VDL Nedcar mag een geheim document van opdrachtgever BMW toch inzien. Het concern beëindigt het contract voor de bouw van MINI's in Born voortijdig en betaalt VDL daarom een afkoopbedrag. Nu kan de or nagaan of een groot deel van dat geld terechtkomt bij medewerkers die hun baan verliezen.  ( 4 min )
    Video | Gasveld Groningen mogelijk dicht, hoe wordt zo'n gasveld gesloten?
    Het Groningenveld gaat dit jaar mogelijk dicht. Maar hoe wordt een gasveld nou precies gesloten?  ( 3 min )
    Beleggingsbank BinckBank krijgt half miljoen euro boete voor overtreden regels
    Het beleggingsplatform BinckBank heeft een boete van een half miljoen euro gekregen. Waakhond AFM oordeelt dat BinckBank niet genoeg deed om te bepalen of haar klanten genoeg kennis van de beleggingsmarkt hadden.  ( 3 min )
    Bagagebedrijven op Schiphol krijgen boete als ze sjouwwerk niet snel verlichten
    Alle zes bedrijven die bagage op Schiphol verplaatsen, hangt een boete boven het hoofd. De fysieke belasting voor medewerkers is gevaarlijk voor de medewerkers, oordeelt de Arbeidsinspectie. In maart bleek dat de bagageafhandelaars niet de nodige veranderingen hebben doorgevoerd.  ( 3 min )
    Eurozone zat begin dit jaar tóch in een recessie
    De economie van de landen met de euro is in het eerste drie maanden van dit jaar onverwacht in een recessie belandt. Volgens herziene cijfers van het Europese statistiekbureau Eurostat kromp de economie van het eurogebied met 0,1 procent ten opzichte van een kwartaal eerder. Ook wordt nu een krimp van 0,1 procent voor het vierde kwartaal van 2022 gemeld door het statistiekbureau.  ( 3 min )
    Steeds meer Nederlanders zijn bezorgd over hun geldzaken in de toekomst
    Voor het eerst in tien jaar is het aantal mensen dat zich zorgen maakt over de eigen financiële toekomst gestegen. Het gaat vooral om jongeren en alleenstaande ouders.  ( 4 min )
    Rabobank verwacht dit jaar een economische groei van 0,6 procent
    De Nederlandse economie groeit dit jaar waarschijnlijk met 0,6 procent en in 2024 met 0,9 procent. Dat verwachten economen van de Rabobank ondanks de economische krimp in het eerste kwartaal.  ( 4 min )
    Zorgen over bezuiniging op mensen met beperking: 'Overheid zet ons goed klem'
    Wie vanwege een chronische ziekte of een beperking een traplift nodig heeft, moet straks mogelijk meer betalen. Het kabinet wil dat mensen met een beperking vanaf 2026 een inkomensafhankelijke bijdrage gaan leveren aan de zogeheten Wmo-voorzieningen. Mensen met een handicap reageren kritisch op de bezuiniging: "We leven al aan de rand van de maatschappij."  ( 6 min )

  • Open

    Investors should buy the dip as the stock market will keep climbing amid a trifecta of bearish voices, Fundstrat says
    No content preview
    Coinbase CEO on SEC lawsuit: 'This will get resolved'
    Coinbase CEO Brian Armstrong spent Wednesday pushing back on a new legal challenge from the SEC and offering assurances that the firm would get through its current turmoil.  ( 8 min )
    GameStop Shares Fall as It Terminates CEO and Ryan Cohen Becomes Executive Chairman
    Chief Executive Matt Furlong is out at the videogame and consumer-electronics retailer.  ( 28 min )
    Black workers at California Tesla factory allege rampant racism, seek class-action status
    Tesla may face a class-action lawsuit after 240 Black factory workers in California described rampant racism and discrimination at the electric automaker’s San Francisco Bay Area plant, including frequent use of racial slurs and references to the manufacturing site as a plantation or slave ship. The testimonies filed Monday in Alameda County Superior Court comes from contractors and employees who worked on the production floor of the factory in Fremont, roughly 40 miles (65 kilometers) southeast of San Francisco. Lawyers suing Tesla, Inc. estimate at least 6,000 workers could be part of the class.  ( 8 min )
    China stretched its gold-buying spree into the 7th straight month in May, signaling more central bank de-dollarization
    China continued to amass gold, adding an additional 16 tons in May, while its foreign currency reserves fell, Bloomberg reported.  ( 7 min )
    Flood of US Renewable Projects Risks ‘Breaking’ Power Markets
    (Bloomberg) -- The potential for a flood of US renewable projects driven by new tax incentives is at risk of “breaking” power markets by pushing electricity prices to negative levels, according to Wells Fargo.Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiFlights to LaGuardia Airport Grounded as Smoke Blankets NYCTech Stocks Sputte  ( 6 min )
    Mastercard and Visa Tumble on New Bill Threat. Analysts Don’t See a Problem.
    Legislation to improve compeition among credit-card networks is set to be reintroduced in Congress.  ( 22 min )
    Rivian seeks to shed 350,000 square feet of industrial space in Hayward
    Electric vehicle manufacturer Rivian is making a big move in Hayward, though it's not good news.  ( 14 min )
    Top CD Rates Today, June 7, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Billionaire investor Stanley Druckenmiller warns there are ‘more shoes to drop’ and says Silicon Valley Bank was ‘probably the tip of the iceberg’
    Billionaire investors are worried. Stanley Druckenmiller sees a "hard landing" on the way and bond king Jeffrey Gundlach is warning that economic indicators are now "full-on recessionary."  ( 8 min )
    Seeking at Least 10% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
    Do you love dividends? Of course you do — and rightly so! Scholars who study the stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. Simply put, if you’re not investing in dividend stocks, you’re doing it wrong. Using the TipRanks platform, we’ve looked up two stocks that are offering dividends of at least 10% yield – that’s almost 6x higher the averag  ( 10 min )
    West Coast dockworkers making $200K demand higher pay
    Dockworkers who keep West Coast cargo flowing are highly paid. Their bid for even higher pay is starting to affect the cargo flow. The post West Coast dockworkers making $200K demand higher pay appeared first on FreightWaves.  ( 8 min )
    Amazon plans ad-supported streaming tier amid race for profitability: Report
    Amazon is reportedly planning an ad-supported tier for Prime Video, joining the ranks of Netflix and Disney amid a race to make streaming more profitable.  ( 8 min )
    Ray Dalio Says US at Beginning of ‘Late, Big-Cycle Debt Crisis’
    (Bloomberg) -- Billionaire Ray Dalio, founder of Bridgewater Associates, said the US is seeing stubbornly high inflation along with elevated real interest rates. Most Read from BloombergThese Are the World’s 20 Most Expensive Cities for Expats in 2023George Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailDam Destroyed in the Dead of Night Upstages Ukraine’s CounteroffensivePGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfTech Stocks Sputter as Traders Up Rate  ( 6 min )
    Stock market winners in 2023 are last year's losers
    Investors who stuck with growth names during last year's sell-off have been rewarded during 2023's rally.  ( 8 min )
    This Type of Portfolio Could Help You Retire With 20% More Money Than Index Funds
    If you're saving for retirement, a broad market index portfolio is typically a good option. Investing in a target date fund or S&P 500 index fund, for instance, are low-cost ways to gain broad market exposure. However, newly published research … Continue reading → The post This Type of Portfolio Could Help You Retire With 20% More Money Than Index Funds appeared first on SmartAsset Blog.  ( 9 min )
    What's Going On With AMD Stock Wednesday
    Advanced Micro Devices, Inc (NASDAQ: AMD) stock is trading lower Wednesday on some profit-taking. The chipmaker continues to hog the limelight with positive vibes from the Bank of America 2023 Global Technology Conference management and analyst re-ratings. AMD disclosed its impressive and improving cloud footprint at the BoA event. Enterprise though currently weak, exuded promise in the foothold and progress. The chipmaker disclosed plans to reveal their AI strategy in an event next week, someth  ( 7 min )
    'They Will Be Ouching': Saudi Energy Minister Warned That Oil Short Sellers Would Feel Pain — Now The Nation Has Made A Production Cut Of 1 Million Barrels Per Day
    Oil prices have come down quite a bit from their 2022 peak. While that has prompted some traders to bet against the commodity, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman has issued a stern warning for the short sellers. “I keep advising them that they will be ouching — they did ouch in April,” he said at the Qatar Economic Forum in May. And now OPEC+, which includes the Organization of the Petroleum Exporting Countries and its allies, has reached a deal to extend output cuts into  ( 9 min )
    Binance CEO's trading firm received $11 billion via client deposit company, SEC says
    Merit Peak, an offshore trading company controlled by Binance CEO Changpeng Zhao, received around $11 billion of client assets through a Seychelles-based firm set up to take customer deposits, a U.S. Securities and Exchange Commission filing shows. The SEC filing, which on Tuesday asked a U.S. court to freeze Binance's U.S. assets, came a day after the SEC sued Binance, its billionaire CEO Zhao, and the operator of its U.S. affiliate exchange, for allegedly operating a "web of deception."  ( 7 min )
    Critical vote count due in Nikola’s bid to stay in business
    The outcome of Nikola’s bid to double the number of authorized shares in the company could determine its ability to survive. The post Critical vote count due in Nikola’s bid to stay in business appeared first on FreightWaves.  ( 8 min )
    Robinhood Joins Coinbase in Saying It Tried to 'Come In and Register' Like SEC Wanted
    With Coinbase (COIN) and Binance accused of running illegal exchanges by the U.S. Securities and Exchange Commission (SEC), the latest industry testimony in the U.S. House of Representatives this week revealed that companies had desperately sought the agency’s help to properly register but were turned away.  ( 8 min )
    Dude, Gen X is totally unprepared for retirement, survey finds
    Just over half of Generation X born between 1965 and 1980 have little to nothing socked away for retirement.  ( 10 min )
    'That One Deal Made Me A Millionaire': Former Airline Pilot Ryan Tseko Reveals His Investing Strategy That Anyone Can Follow
    For years, the wealthiest investors and institutions have enjoyed exclusive access to lucrative investment opportunities, leaving retail investors with limited choices. Hedge funds like William Harnisch's Peconic Partners and Michael Burry’s Scion Asset Management produced total returns of 191.5% and 159.79%, respectively, over the past three years. The minimum investment required to participate in funds like these often ranges from $500,000 to $1 million. Retail investors, on the other hand, ha  ( 7 min )
    Apple needs to buy Disney to make Vision Pro a success: Analyst
    Apple should buy Disney as it looks to capture greater adoption of its Vision Pro headset, one media analyst says.  ( 9 min )
    Deep Value Stocks Are Super Cheap. Why a Recession Isn’t a Worry.
    The conventional wisdom that value stocks are more vulnerable to an economic downturn is false, according to a new white paper from GMO.  ( 25 min )
    Analyst Report: Viatris Inc
    No content preview
    Analyst Report: DTE Energy Co.
    No content preview
    Market Update: DTE, MAR, VTRS
    No content preview
    Stocks mixed while Nasdaq sinks amid new economic warnings: Stock market news today
    US stocks wavered Wednesday after an unexpected interest rate hike from Canada, a surprise drop in Chinese exports and economic headwinds flagged by the Paris-based Organization for Economic Cooperation and Development stoked fresh concerns about global growth.  ( 8 min )
    Stocks wobble amid new economic warnings: Stock market news today
    US stocks wavered Wednesday during midday trading after Canada unexpectedly hiked interest rates, combined with a surprise drop in Chinese exports and economic headwinds flagged by the OECD stoked fresh concerns about global growth.  ( 8 min )
    One winner in the SEC's clash with crypto: bitcoin
    The belief that the SEC will not label bitcoin as a security is encouraging investors to stick with the world’s largest cryptocurrency despite the new industry turmoil.  ( 8 min )
    The Latest on EV Tax Credits: Tesla and Rivian, Yes. Fisker, No. Check the IRS Website.
    The government's qualifications are confusing. The best way to sort things out is to check the website fueleconomy.gov.  ( 22 min )
    Visa, Mastercard Stocks Fall After Report of Planned Fee Legislation
    Shares of Visa and Mastercard fell Wednesday after the Journal reported that lawmakers plan to re-up proposed legislation that would give merchants the power to process many credi  ( 19 min )
    Boeing accused in lawsuit of stealing trade secrets for NASA rocket
    Boeing was sued on Wednesday by a Colorado company that accused the aerospace giant of stealing trade secrets for NASA's Space Launch System rocket, and then building components with "critical" safety flaws that could endanger astronauts. Wilson Aerospace said it worked with Boeing for two years starting in 2014 after Boeing, fearing the loss of billions of dollars of NASA revenue, sought its help in safely attaching engines to the rocket. According to a complaint filed in Seattle federal court, Boeing then canceled Wilson's work on the project yet kept using its intellectual property without receiving "full instructions" on how to build and install it, creating safety risks.  ( 7 min )
    Affirm stock soars on new deal with Amazon Pay
    Wednesday's announcement with Amazon brought welcome reprieve to Affirm shares which have been beaten down heavily as investors question how many companies will be winners in the buy-now-pay-later space as Apple gets involved.  ( 8 min )
    GameStop Earnings Are Today. The Stock Is Gaining Into the Report.
    The retailer is expected to benefit from a wave of major blockbuster videogame releases, which started with Hogwarts Legacy in early February and continued with Star Wars Jedi: Survivor in late April.  ( 25 min )
    Yext Heads for Best Day Ever. A Sleeping AI Stock Is Waking Up.
    The software company beat first-quarter expectations and raised its full-year outlook, as it talked up its generative artificial intelligence prospects.  ( 22 min )
    The future of American crypto looks bleak as Gary Gensler declares war—and it could mean the end of Coinbase in the U.S.
    The SEC chair's crusade against Coinbase and savvy politicking could mean the end of crypto companies in the U.S.  ( 12 min )
    Cathie Wood Grabs $21 Million Of Coinbase Stock After SEC Complaint
    No content preview
    This Schwab Stock Cash-Secured Put Could Return 29% At An Annualized Rate
    No content preview
    Apple’s Coming iPhone 15 Puts Company in a ‘Massive Position of Strength’
    Wedbush analyst Dan Ives raises his 12-month price target on the stock to $220 from $205.  ( 22 min )
    Campbell Soup Beats Earnings Estimates. Why the Stock Is Tumbling Anyway.
    Campbell Soup issues earnings guidance for its fiscal year below Wall Street estimates.  ( 22 min )
    Stocks edge higher after China exports slump: Stock market news today
    US stocks opened upward on Wednesday, after a surprise drop in Chinese exports and economic headwinds flagged by the OECD stoked fresh concerns about global growth.  ( 8 min )
    ‘These Are the Best You Would Get,’ Goldman Sachs Says About 2 ‘Strong Buy’ Stocks
    A Wall Street analyst’s job requires in-depth knowledge of their subject, but in essence, the objective is simple – to find out which stocks investors should load up on or stay away from. As Goldman Sachs’ Director of Americas Equity Research Steven Kron recently put it, a sector analyst can “identify top ideas that offer a combination of conviction, a differentiated view and high risk-adjusted returns.” Kron reckons this is especially true in the current market environment. He adds, “After a co  ( 10 min )
    What Are the Age Limits For IRA Contributions?
    When it comes to retirement savings, your age can have a major effect on things. Depending on which type of retirement account you have, your age may define both when you can access your funds and how much money you can … Continue reading → The post Age Limits for IRA Contributions appeared first on SmartAsset Blog.  ( 9 min )
    How Long Will $4 Million Last Me in Retirement?
    Budgeting for retirement can be more challenging than budgeting for life with a job. You start with a number you think will do the trick and hope that unforeseen circumstances don't drain your savings too early. Similarly, you might not … Continue reading → The post How Long Will $4 Million Last in Retirement? appeared first on SmartAsset Blog.  ( 10 min )
    I Got a Private Letter Ruling (PLR) From the IRS. What Does It Mean?
    Private letter rulings, commonly known as "guidances," are the bane of tax attorneys everywhere. They are very specific, vast in number and essential to understanding how tax law works. In brief, it's a written answer issued by the IRS to a … Continue reading → The post Understanding a Private Letter Ruling (PLR) appeared first on SmartAsset Blog.  ( 10 min )
    These Trusts Can Help You Avoid Estate Taxes
    Estate taxes are a form of transfer tax that affects the very wealthy. For multimillionaire households, avoiding the estate tax is a significant issue. One tool that households can use to try to minimize their estate tax liability is the … Continue reading → The post How to Avoid Estate Taxes With Trusts appeared first on SmartAsset Blog.  ( 9 min )
    Supermicro Stock Seen Rising 34% More Amid AI Spending Spree
    No content preview
    These Stocks Are Moving the Most Today: Coinbase, United Natural Foods, Yext, Netflix, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 23 min )
    Dow Jones Futures Rise With Tesla Set To Hit New 2023 High. Netflix Jumps On Price Target Hikes.
    No content preview
    Daily – Vickers Top Insider Picks for 06/07/2023
    No content preview
    Goldman: S&P 500 is undervalued because of the AI boom
    Goldman makes a big markets call based on the rising popularity of AI stocks.  ( 8 min )
    Daily – Vickers Top Buyers & Sellers for 06/07/2023
    No content preview
    Fisker U.S. Sales Are About to Begin. That Means Cash From Government Programs.
    The electric vehicle start-up announced Tuesday it has agreements to sell regulatory credits generated by selling its EVs in the U.S.  ( 22 min )
    9 S&P 500 Stocks Are Screaming Buys According To The 'Fed Model'
    No content preview
    Stock futures trade broadly flat after China exports slump: Stock market news today
    US stock futures were broadly flat on Wednesday morning, after a surprise drop in Chinese exports and economic headwinds flagged by the OECD stoked fresh concerns about global growth.  ( 8 min )
    Netflix Stock Can Jump 18% on Password Sharing Crackdown, J.P. Morgan Says
    The streaming platform's paid sharing initiative will generate close to $6 billion in extra revenue in 2024 and 2025, J.P. Morgan estimates.  ( 22 min )
    Daily Spotlight: Farewell to the Bear?
    No content preview
    Analyst Report: Booking Holdings Inc
    No content preview
    Technical Assessment: Bearish in the Intermediate-Term
    No content preview
    Wall Street’s Once-Hot Trades of 2023 Are Unraveling in Markets
    (Bloomberg) -- The once-hot Wall Street trades of 2023 are all falling apart, in a fresh blow to market pros blindsided again and again ever since the pandemic broke out.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbase Lawsuit Heralds Deepening US Crypto CrackdownNearly  ( 10 min )
    These Stocks Are Moving the Most Today: Coinbase, Yext, Netflix, Stitch Fix, GameStop, and More
    Coinbase shares rise modestly following a slump in the previous session after the SEC sued the cryptocurrency broker, Yext raises its fiscal-year revenue and profit guidance, and GameStop and Campbell Soup are scheduled to post quarterly earnings.  ( 22 min )
    China steps up support for Putin as Western sanctions bite - latest updates
    China’s total trade with Russia has soared to levels not seen since the beginning of Vladimir Putin’s war in Ukraine, official data showed, as Beijing steps up support for its sanctions-hit ally.  ( 24 min )
    Brands that get caught up in the culture wars don’t know themselves–or their customers
    What insights did other CEOs gain from the prolonged Bud Light uproar? Apparently, not much.  ( 10 min )
    China Big Four State Banks Said to Cut Dollar Deposit Rates
    (Bloomberg) -- China’s four big state lenders have effectively cut dollar deposit rates, according to people familiar with the matter, at a time when strong demand for the US currency in the banking system helped push the yuan to a six-month low.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another  ( 7 min )
    China Stocks Too Cheap to Ignore for JPMorgan Asset, Invesco
    (Bloomberg) -- JPMorgan Asset Management is adding more Chinese stocks to its portfolio on bets that the market’s cheap valuation and the government’s support for the economy will bolster returns. Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbase Lawsuit Heralds Deepening  ( 8 min )
    Ivan Menezes, Longtime CEO of Guinness Maker Diageo, Dies at 63
    Ivan Menezes is credited with growing the drinks company significantly since he became CEO in July 2013, with Diageo now selling around 200 brands in more than 180 markets.  ( 27 min )
    Top-Performing Fund Favors China Stocks as Bearish Tide Grows
    (Bloomberg) -- The bearish calls against Chinese equities are growing, but one top-performing fund says any further weakness is a chance to buy.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbase Lawsuit Heralds Deepening US Crypto CrackdownChinese firms offer “pretty good  ( 7 min )
    Exclusive-Vodafone and Hutchison to announce UK merger as soon as Friday - sources
    Vodafone and CK Hutchison are in the final stages of agreeing to merge their British operations, with a long-awaited announcement expected as soon as Friday or next week, three sources have told Reuters. A spokeswoman for Hutchison declined to comment. Vodafone was not immediately available to comment.  ( 6 min )
    Lira Plunges 7% to Record as State Lenders Retreat From Defense
    (Bloomberg) -- The pace of declines in the Turkish lira hastened in early Wednesday trading amid increasing signs that policy makers may be scaling back interventions to support the currency.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbase Lawsuit Heralds Deepening US Cr  ( 6 min )
    How to Play a Vulnerable Nvidia Stock
    Investors underwhelmed by ChatGPT could use an options strategy called a bear spread to bet against artificial-intelligence chip maker Nvidia.  ( 25 min )
    China Posts Robust Commodities Imports Despite Stuttering Growth
    (Bloomberg) -- China posted robust commodities imports in May, defying stutters in the wider economy, as buyers took advantage of weaker international prices and energy importers stocked up ahead of peak demand in the summer.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinba  ( 8 min )
    The charts that show the property downturn is just beginning
    For a brief period this spring, the housing market looked like it was out of the woods.  ( 8 min )
    What Amazon Wireless Would Mean for AT&T and Verizon Dividends
    The idea of Amazon as disrupter is nothing new. But this threat seems less serious.  ( 22 min )
    Treasury’s $1 Trillion Debt Deluge Threatens Market Calm
    The U.S. government could face borrowing at rates near 6%, up from 0.1% less than two years ago.  ( 28 min )
    Cathie Wood Boosts Coinbase Stake as SEC Crypto Crackdown Widens
    (Bloomberg) -- Cathie Wood’s funds boosted their holdings of Coinbase Global Inc. as shares slumped after the Securities and Exchange Commission accused the company of operating an unlawful exchange.Most Read from BloombergPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailUkraine Dam Blast Blamed on Russia Tips War Into New PhaseRussia’s Dam-Busting Is Another War CrimeSEC’s Coinbase Lawsuit Heralds Deepeni  ( 7 min )
    The US is in a 'cardboard box recession' that's pointing to a sharp fall in inflation by the end of the year
    "The Cardboard Box Recession may be good news for inflation,"Charles Schwab said. "Inflation might just continue to recede as fast as it rose."  ( 7 min )
    AI bullishness may be setting the stock market up for a 'Mother of All Melt-ups,' Yardeni Research says
    No content preview
    Insiders Pour Millions Into These 2 Stocks, Morgan Stanley Says They Have up to 140% Upside — Here’s Why You Should Pay Attention
    Legendary investor Peter Lynch has a straightforward perspective on corporate insiders and their actions in the stock market. He put it simply: insiders may sell shares for a range of reasons, but they only buy shares when they believe the price is going to rise. Keeping a close watch on insiders’ stock purchases can prove to be a profitable investment strategy. Corporate insiders, which include company officers and board members, possess valuable knowledge about company policies and performance  ( 10 min )
  • Open

    Wealthfront Launches Automated Bond Portfolio
    Fintech company Wealthfront launched an automated portfolio which aims to offer higher rates than simply investing in traditional bonds.  ( 1 min )
    Campbell Soup Shares Slump as Shoppers Pull Back After Price Hikes
    Campbell Soup shares sank after its full-year profit outlook was short of estimates and volumes declined as the company raised prices.  ( 1 min )
    Cathie Wood's ARK Buys $20 Million in Coinbase Shares After SEC Troubles
    Cathie Wood's Ark Invest increased its stake in Coinbase despite an SEC lawsuit against the crypto firm.  ( 1 min )
    Dave & Buster's Reports All-Time Highs for Profit and Sales
    Dave & Buster's shares soared in early trading on Wednesday after reporting earnings and revenue records, with deals to add franchises in India and Australia.  ( 1 min )
    Stitch Fix Beats Estimates and Plans More Cost-Cutting Moves
    Stitch Fix beat estimates after implementing "tight cost controls," with more cost-cutting plans.  ( 1 min )
  • Open

    Liquidity of Bitcoin
    Liquid markets are easy to exit, while illiquid markets can put traders in tough spots. Here are the main factors affecting the liquidity of Bitcoin.  ( 21 min )
    How To File a Pet Insurance Claim
    Here are step-by-step instructions for filing a reimbursement claim for insurance on your pet.  ( 22 min )
    Wealthfront Launches Automated Bond Portfolio
    Fintech company Wealthfront launched an automated portfolio which aims to offer higher rates than simply investing in traditional bonds.  ( 17 min )
    What Are the Trends in Home Equity Rates?
    Home equity loans are a great tool for homeowners looking for cash. But how are rates changing in a volatile economy?  ( 22 min )
    Best Robo-Advisors of 2023
    We compared portfolio management, usability, and fees from the best robo-advisors. This list will help you find the best automated portfolio builders for your needs.  ( 42 min )
    The Factors of a "Good" Location
    “Location, location, location” is a common mantra in real estate. It’s good advice, but here's what it really means (because few people know).  ( 26 min )
    What Is a Head and Shoulders Chart Pattern in Technical Analysis?
    A head and shoulders pattern is an indicator that appears on a chart as a set of three peaks or troughs, with the center peak or trough representing the head.  ( 26 min )
    Top 9 Penalty-Free Early IRA Withdrawal Exceptions
    If you need to take distributions from your individual retirement account (IRA), learn what exceptions the IRS has to its 10% early withdrawal penalty fee.  ( 26 min )
    The Marriott School of Business Definition
    The Marriott School of Business is the business school of the Brigham Young University.  ( 20 min )
    Cost Basis Basics: What It Is, How to Calculate, and Examples
    Cost basis is the original value of an asset for tax purposes, adjusted for stock splits, dividends, and return of capital distributions.  ( 24 min )
    Natural Monopoly: Definition, How It Works, Types, and Examples
    A natural monopoly is a monopoly that arises or would rise through natural conditions in a free market.  ( 24 min )
    CEOs Lower Economic Outlook on Worries About Inflation, Interest Rate Hikes
    A gauge of CEOs' short-term view of the economy fell amid concerns about inflation and rising interest rates.  ( 17 min )
    Campbell Soup Shares Slump as Shoppers Pull Back After Price Hikes
    Campbell Soup shares sank after its full-year profit outlook was short of estimates and volumes declined as the company raised prices.  ( 16 min )
    Dow Jones Today: CAT Lifts Up Index Up
    Caterpillar and Goldman Sachs lead the Dow higher, while Salesforce drops on management shakeup.  ( 16 min )
    Markets Close Mixed in Anticipation of Fed Rate Moves
    Markets closed mixed on Wednesday, June 7, 2023 as investors focused on the Fed's rate moves.  ( 16 min )
    Low-Income Housing Options for People with Disabilities
    Affordable housing can be an especially difficult challenge for low-income people with a disability.  ( 25 min )
    What Is Total Quality Management (TQM), and Why Is It Important?
    Total quality management (TQM) aims to hold all parties involved in the production process as accountable for the overall quality of the final product or service.  ( 27 min )
    Top CD Rates Today, June 7, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Porter Diamond Model: What It Is and How It Works
    The Porter Diamond Model is a model to explain the competitive advantage that nations or groups can develop based on certain factors.  ( 20 min )
    E*TRADE vs. Fidelity: Which Should You Choose?
    Both E*Trade and Fidelity have best-in-class features, educational resources, and trading tools, but if cost is your concern, then Fidelity is your best choice.  ( 24 min )
    What Is Tragedy of the Commons in Economics?
    The tragedy of the commons is an economic problem where the individual consumes a resource at the expense of society.  ( 25 min )
    Fed-Watchers Expect Rate Hike Pause Next Week
    We may not see a rate hike when the Federal Reserve has their next meeting, but it may just be a momentary reprieve.  ( 16 min )
    Systematic Investment Plan (SIP): Definition and Example
    A systematic investment plan involves putting a consistent sum of money into an investment on a regular basis to take advantage of dollar-cost averaging.  ( 21 min )
    Navy Federal CD Rates: June 2023
    With a minimum deposit and a guaranteed return, certificates of deposit (CDs) can be a viable investment. See what Navy Federal CD rates have to offer.  ( 21 min )
    Edward Jones CD Rates in 2023
    Certificates of deposit (CDs) can be a great, conservative way to invest your money. Edward Jones is worth considering for its competitive CD rates at a variety of term lengths.  ( 21 min )
    Supply Chains Have Healed From Pandemic Disruptions
    Shoppers in April faced fewer shipping delays, found fewer things out of stock, and had an easier time finding the things they need than the same month last year.  ( 16 min )
    Wells Fargo Savings Account Interest Rates: June 2023
    Wells Fargo offers two types of savings accounts, but the rates are low unless you carry a large balance.  ( 20 min )
    Discover Savings Account Interest Rates: June 2023
    Discover’s savings account doesn’t usually have the highest APY, but it’s easily accessible with no minimum deposit or monthly fee.  ( 18 min )
    BMO Harris CD Rates: June 2023
    BMO Harris offers a relatively basic CD with special rates for certain terms. Learn about BMO Harris’ current CD rates and features to make an informed decision and grow your savings.  ( 18 min )
    What Is the Secondary Market? How It Works and Pricing
    A secondary market is a market where investors purchase securities or assets from other investors, rather than from issuing companies themselves.  ( 24 min )
    How the Texas Power Grid Works and Why It Failed
    In the winter of 2021, Texas had days-long electricity blackouts due to power grid problems. What happened and how can they fix it going forward?  ( 21 min )
    Top Utilities Stocks for June 2023
    Enel Chile, Capital Power, and Cadiz lead for value, growth, and momentum, respectively.  ( 20 min )
    Find Your Niche Financial Advisory Market
    Improve your financial advisory business by building a client base of people who share similar priorities, values, and long-term goals.  ( 22 min )
    Cryptocurrency Futures Defined and How They Work on Exchanges
    Cryptocurrency futures are futures contracts that allow investors to place bets on a cryptocurrency's future price without owning the cryptocurrency.  ( 25 min )
    How To Get a Mortgage When Self-Employed
    If you're self-employed, there are steps you can take to make yourself a more attractive loan candidate.  ( 26 min )
    10 Biggest Mining Companies
    With Glencore PLC leading the pack, these are the 10 biggest mining companies by 12-month trailing revenue.  ( 21 min )
    Top Tech Stocks for June 2023
    Daqo New Energy, Canadian Solar, and Tingo Group top the list of tech stocks based on best value, fastest growth, and most momentum, respectively.  ( 22 min )
    Today's Mortgage Rates & Trends - June 7, 2023: Rates Flat
    Rates on 30-year mortgages are holding steady, after climbing an eighth of a point over the previous two days. But the 15-year and jumbo 30-year rate averages rose.  ( 19 min )
    Mortgage Applications Fell For a Fourth Week
    Applications were 30% lower than one year ago, as buyers adjust to a higher rate environment, according to the Mortgage Bankers Association.  ( 16 min )
    US Equities Mixed at Midday as Energy Stocks Gain
    U.S. equities were mixed at midday on Wednesday, June 7, 2023, as tech and communication stocks weighed on the major indexes.  ( 16 min )
    SEC Files Emergency Action to Freeze Binance.US Assets
    The U.S. Securities and Exchange Commission has filed an emergency action to freeze the assets of crypto exchange Binance.US to protect its customers.  ( 17 min )
    51% Attack: Definition, Who Is At Risk, Example, and Cost
    A 51% attack is an attack on a blockchain by a group of miners who control more than 50% of the network's mining hash rate, or computing power.  ( 22 min )
    Securitization: Definition, Pros & Cons, Example
    Securitization pools assets and repackages them into interest-bearing securities.  ( 23 min )
    Stitch Fix Beats Estimates and Plans More Cost-Cutting Moves
    Stitch Fix beat estimates after implementing "tight cost controls," with more cost-cutting plans.  ( 16 min )
    Dave & Buster's Reports All-Time Highs for Profit and Sales
    Dave & Buster's shares soared in early trading on Wednesday after reporting earnings and revenue records, with deals to add franchises in India and Australia.  ( 16 min )
    What Is a Pro Forma Invoice? Required Information and Example
    A pro forma invoice is a preliminary bill of sale sent to buyers that provides details about a shipment of goods in advance of its delivery and the final invoice.  ( 24 min )
    Retirement Money Market Account: Overview, Benefits, and Examples
    A retirement money market account is a money market account that is held by an individual within a retirement account such as an IRA. Learn more about how this type of account works.  ( 24 min )
    What Is a Chartered Accountant (CA) and What Do They Do?
    A chartered accountant (CA) designation is a credential granted to accounting professionals in countries around the world outside of the United States.  ( 24 min )
    Cathie Wood's ARK Buys $20 Million in Coinbase Shares After SEC Troubles
    Cathie Wood's Ark Invest increased its stake in Coinbase despite an SEC lawsuit against the crypto firm.  ( 16 min )
    Disbursement: What It Is, How It Works, Types, and Examples
    Disbursement is the act of paying out or disbursing money, which can include money paid out for a loan, to run a business, or as dividend payments.  ( 23 min )
    10 Biggest Biotechnology Companies
    With Novo Nordisk at the top of the list, these are the 10 biggest biotechnology companies by 12-month trailing revenue.  ( 20 min )
    Dupont Analysis: The Dupont Formula Plus How To Calculate and Use It
    The DuPont analysis is a framework for analyzing fundamental performance popularized by the DuPont Corporation.  ( 30 min )
    Do CD Rates Go up When the Prime Goes Up?
    Changes in the prime rate don't directly impact rates that banks pay on certificates of deposit (CDs), but the two may both go up around the same time.  ( 23 min )
    What Credit Score Do You Need for a Personal Loan?
    Credit score requirements for personal loans vary by lender, but borrowers with good or excellent credit typically have a better chance of qualifying for the best rates and terms.  ( 22 min )
    What Is a Bank Identification Number (BIN), and How Does It Work?
    A bank identification number (BIN) is the initial set of four to six numbers on a credit card that identifies the institution.  ( 23 min )
    What Is an Account History? Definition in Finance
    An account history is a record that keeps track of all activity within an account such as trades, purchases, and other transactions. Learn what's included.  ( 22 min )
    Monetary Policy vs. Fiscal Policy: What's the Difference?
    Monetary policy involves decisions by central banks on issues such as interest rates. Fiscal policy typically is established legislatively and addresses issues such as tax rates and government spending.  ( 24 min )
    Probability Distribution Explained: Types and Uses in Investing
    A probability distribution is a statistical function that describes possible values and likelihoods that a random variable can take within a given range.  ( 22 min )
    Housing Inventory Grew 21.5% Year-Over-Year in May
    While inventory improved from a year earlier, the growth rate slowed for a third straight month.  ( 16 min )
    5 Things to Know Before Markets Open
    Falling Chinese exports could point to a global slowdown and all Tesla Model 3s now qualify for the federal electric vehicle tax credit. Here’s what investors need to know today.  ( 18 min )
    What Is an Arm's Length Transaction? Its Importance, With Examples
    In an arm's length transaction, the buyer and seller act independently and have no relationship to each other.  ( 23 min )
    Poll: 84% of Customers Want Government To Encourage Banks to Cut Overdraft Fees
    Most Americans think common fees charged by banks are unfair, and support government efforts to reduce or eliminate them, according to a poll.  ( 18 min )
    The Peter Principle: What It Is and How to Overcome It
    The Peter Principle theorizes that people in a firm will be promoted up to a point where they are no longer qualified, leaving a company full of incompetent employees.  ( 25 min )
    Polish Zloty: Meaning, History, Special Considerations
    The Polish zloty is the national currency of Poland, issued by Narodowy Bank Polski. Learn about the zloty’s exchange rate and history.  ( 23 min )
    How to Cut Financial Advisor Expenses
    Here’s a look at what you should pay for financial advice and investment management, what you should get for that price, and how you can pay less.  ( 25 min )
    Bracketed Sell Order Definition
    Bracketed sell order is a short sell order that is accompanied by a conditional buy order above and a buy limit order below the initial sell order.  ( 18 min )
  • Open

    Markets Close Mixed in Anticipation of Fed Rate Moves
    Markets closed mixed on Wednesday, June 7, 2023 as investors focused on the Fed's rate moves.  ( 1 min )
    Dow Jones Today: CAT Lifts Up Index Up
    Caterpillar and Goldman Sachs lead the Dow higher, while Salesforce drops on management shakeup.  ( 1 min )
    US Equities Mixed at Midday as Energy Stocks Gain
    U.S. equities were mixed at midday on Wednesday, June 7, 2023, as tech and communication stocks weighed on the major indexes.  ( 1 min )
    5 Things to Know Before Markets Open
    Falling Chinese exports could point to a global slowdown and all Tesla Model 3s now qualify for the federal electric vehicle tax credit. Here’s what investors need to know today.  ( 1 min )
  • Open

    Steeds meer Nederlanders maken zich zorgen over hun geldzaken in de toekomst
    Voor het eerst in tien jaar is het aantal mensen dat zich zorgen maakt over zijn of haar financiële toekomst gestegen. Vooral jongeren en alleenstaande ouders maken zich zorgen.  ( 3 min )
    Voorlopig geen broodtekorten: bakkers blazen staking af na nieuw loonbod
    Vakbonden FNV en CNV hebben stakingen bij drie industriële bakkerijen afgeblazen. Daarmee worden supermarkten zoals Albert Heijn niet meer geraakt door broodtekorten. Maar plaatselijke bakkers zijn misschien wel de pineut.  ( 3 min )
    Rutte gaat ervan uit dat eind dit jaar geen gas meer wordt gewonnen in Groningen
    Zoals het er nu naar uitziet, stopt de gaswinning uit het Groningenveld dit najaar volledig. Dat zei premier Mark Rutte woensdag in debat met de Tweede Kamer. Op dit moment wordt er nog een minimale hoeveelheid gas gewonnen, waardoor de putten open kunnen blijven.  ( 4 min )
    Brussel onderzoekt kunstgraskartel, inval bij Nederlands bedrijf Ten Cate
    De Europese Commissie (EC) heeft onaangekondigde bezoeken gedaan bij verschillende Europese bedrijven die kunstgras maken. Volgens Brussel zijn er vermoedens dat de bedrijven de concurrentieregels hebben overtreden. Er is onder andere een inval gedaan bij het Nederlandse bedrijf Ten Cate, bevestigt CEO Michael Vogel aan NU.nl.  ( 3 min )
    We vergokten afgelopen jaar 6,5 miljard euro bij de Nederlandse Loterij
    De omzet van Nederlandse Loterij kwam afgelopen jaar op 6,5 miljard euro uit. Een jaar eerder was dat nog geen 3 miljard euro. De ruime verdubbeling van de inleg komt vooral doordat dit het eerste volle jaar was waarin online gokken meespeelde.  ( 3 min )
    Rutte hint erop dat gaswinning uit Groningenveld nog dit jaar helemaal stopt
    Zoals het er nu naar uitziet, stopt de gaswinning uit het Groningenveld dit najaar volledig. Dat zei premier Mark Rutte woensdag in debat met de Tweede Kamer. Op dit moment wordt er nog een minimale hoeveelheid gas gewonnen, waardoor de putten open kunnen blijven.  ( 4 min )
    NS gaat grote groep reizigers veel minder terugbetalen bij vertraging
    Bij vertraging krijgen claimende treinreizigers met een vrijreisabonnement vanaf deze week tot tientallen euro's minder terug. De vergoeding is niet meer op basis van de normale ritprijs, maar op basis van de abonnementskosten.  ( 6 min )
    NS-abonnees krijgen tot tientallen euro's minder terug bij vertraging
    Bij vertraging krijgen claimende treinreizigers met een vrijreisabonnement vanaf deze week tot tientallen euro's minder terug. De vergoeding is niet meer op basis van de normale ritprijs, maar op basis van de abonnementskosten.  ( 6 min )
    Brussel onderzoekt prijsafspraken kunstgras, inval bij Nederlands bedrijf Ten Cate
    De Europese Commissie (EC) heeft onaangekondigde bezoeken gedaan bij verschillende Europese bedrijven die kunstgras maken. Volgens Brussel zijn er vermoedens dat de bedrijven de concurrentieregels hebben overtreden. Er is onder andere een inval gedaan bij het Nederlandse bedrijf Ten Cate, bevestigt CEO Michael Vogel aan NU.nl.  ( 3 min )
    Europese Commissie doet onderzoek naar verboden prijsafspraken in kunstgras
    De Europese Commissie (EC) brengt onaangekondigde bezoeken bij verschillende Europese bedrijven die kunstgras maken. Volgens Brussel zijn er vermoedens dat de bedrijven de concurrentieregels hebben overtreden.  ( 2 min )
    DNB-baas waarschuwt dat grote loonsverhogingen de inflatie hoog houden
    Centralebankpresident Klaas Knot is bezorgd over loonsverhogingen van 10 procent of meer die de laatste tijd worden afgesproken bij cao-onderhandelingen. Daardoor kan het moeilijker worden om de inflatie tot bedaren te brengen, zo zei de DNB-president woensdag in de Tweede Kamer.  ( 3 min )
    Privacywaakhond onderzoekt of ChatGPT stiekem persoonsgegevens verzamelt
    De Autoriteit Persoonsgegevens (AP) heeft OpenAI in een brief gevraagd of AI-chatbot ChatGPT stiekem persoonsgegevens verzamelt. Ook wil de toezichthouder weten of de kunstmatige intelligentie achter de chatbot leert van wat gebruikers aan hem vragen.  ( 3 min )
    Massale staking bij sociale werkplaatsen om hoger loon af te dwingen
    Duizenden medewerkers van sociale werkbedrijven hebben woensdag actiegevoerd voor een flinke loonsverhoging. Door de inflatie hebben ze steeds meer moeite om hun rekeningen te betalen. De werkgevers willen best over de brug komen, maar vinden dat het Rijk moet bijleggen.  ( 3 min )
    Doorstart kledingmerk Scotch & Soda kostte 60 miljoen euro
    Het Amerikaanse bedrijf Bluestar Alliance heeft 60 miljoen euro betaald om het van oorsprong Amsterdamse kledingmerk Scotch & Soda een doorstart te laten maken. Dat meldt Het Financieele Dagblad (FD).  ( 3 min )
    Batman wint juridische strijd: Italiaanse designer mag logo niet gebruiken
    Batman is als winnaar uit de strijd gekomen in een zaak over het logo van de superheld. Het Hof van Justitie van de Europese Unie vindt het Batman-logo onderscheidend genoeg om een beroep te mogen doen op bescherming als handelsmerk.  ( 3 min )
    Bakkers nemen geen genoegen met kruimels en gaan twee dagen staken
    Ongeveer driehonderd bakkers leggen morgen voor twee dagen het werk neer. Dat doen zij omdat er nog geen nieuwe cao is. Het gaat om personeel van Bakkerij Borgesius in Arnhem en Aalsmeer en Dutch Bakery in Eindhoven.  ( 3 min )
    Batman wint strijd tegen Italiaanse designer om handelsmerk
    Batman is als winnaar uit de strijd gekomen in een zaak over het logo van de superheld. Het Hof van Justitie van de Europese Unie vindt het Batman-logo onderscheidend genoeg om een beroep te mogen doen op bescherming als handelsmerk.  ( 3 min )
    Euro wordt steeds populairder onder Zweedse bevolking
    Het idee om de euro in te voeren wordt steeds aantrekkelijker voor de Zweedse bevolking. Nu de Zweedse kroon steeds minder waard wordt door de inflatie, is de steun voor de gemeenschappelijke munt groter dan ooit.  ( 3 min )
    Door hoge energieprijzen kopen we meer apparaten met een A-label
    Consumenten hebben vanwege de stijgende energiekosten vorig jaar meer geïnvesteerd in de verduurzaming van huishoudelijke apparaten. In 2022 was er meer vraag naar elektrische huishoudelijke apparaten met een A-label.  ( 3 min )
    Meer investeringen in verduurzaming van onze huishoudelijke apparaten
    Consumenten hebben vanwege de stijgende energiekosten vorig jaar meer geïnvesteerd in de verduurzaming van huishoudelijke apparaten. In 2022 was er meer vraag naar elektrische huishoudelijke apparaten met een A-label.  ( 2 min )
    Spaarrente bij SNS en RegioBank ook naar 1 procent
    SNS en RegioBank verhogen de rente op spaartegoeden tot en met 100.000 euro naar 1 procent. Dat heeft de Volksbank, waar deze banken toe behoren, bekendgemaakt. Daarmee volgen ze het voorbeeld van de grote banken.  ( 2 min )
    Turkse lira zakt steeds verder weg ten opzichte van euro en dollar
    De Turkse lira heeft woensdag een nieuw dieptepunt bereikt ten opzichte van de dollar en de euro. De munt verliest sinds de definitieve uitslag van de verkiezingen steeds meer terrein vanwege zorgen over de economische koers van Turkije.  ( 3 min )
    Boeing moet levering Dreamliners uitstellen vanwege productiefout
    Boeing moet de levering van ongeveer negentig 787 Dreamliners uitstellen, omdat er bij de productie fouten zijn ontdekt. Het is een grote tegenvaller voor de Amerikaanse vliegtuigbouwer, die juist hard werkt om te voldoen aan de groeiende vraag naar zijn langeafstandsvliegtuigen.  ( 3 min )
    Koperdiefstal bij zonneparken neemt toe, met tonnen schade tot gevolg
    Zonnepaneelparken krijgen steeds vaker te maken met koperdieven, hoort de brancheorganisatie Holland Solar van haar leden. "Het begint echt een probleem te worden." De koperprijs ligt hoog, wat diefstal interessant maakt.  ( 4 min )
    We besteden meer aan diensten zoals verzekeringen en het openbaar vervoer
    Consumenten hebben in april iets meer besteed dan in dezelfde maand vorig jaar. Ze gaven vooral meer uit aan diensten, zoals verzekeringen, het openbaar vervoer en een bezoek aan een restaurant of de kapper.  ( 3 min )
    Ons internet wordt steeds duurder, maar providers maken geen cent extra winst
    De vier grootste internetproviders van Nederland hebben sinds begin dit jaar forse prijsverhogingen aangekondigd of doorgevoerd. Ondanks de flinke prijsstijgingen is er volgens experts geen sprake van graaiflatie. Sterker nog, de winst van internetaanbieders staat onder druk.  ( 4 min )
    Boeing moet levering nieuwe Dreamliners uitstellen vanwege productiefout
    Boeing moet de levering van ongeveer negentig 787 Dreamliner-vliegtuigen uitstellen omdat er bij de productie fouten zijn ontdekt. Dat heeft de Amerikaanse vliegtuigbouwer laten weten. Voor Boeing gaat het om een tegenvaller aangezien het concern juist hard werkt om te voldoen aan de stijgende vraag naar zijn langeafstandsvliegtuigen.  ( 3 min )

  • Open

    Boeing delays shipments of the 787 Dreamliner for a flaw in the tail section of the planes
    Boeing said Tuesday that deliveries of its 787 Dreamliner have been halted again by another manufacturing issue, the latest in a string of setbacks affecting the two-aisle jet. The company said it is inspecting fittings on part of the tail called the horizontal stabilizer “for a nonconforming condition.” The inspections and repairs will affect near-term deliveries but won’t alter the company’s forecast of deliveries for the full year.  ( 7 min )
    Kevin O’Leary: Binance Will Be “Starved of Oxygen” by SEC’s Lawsuit
    The “Shark Tank” star says today’s top digital asset firms are likely destined to live on only in history books.  ( 8 min )
    Is It Time To Buy Gold Stocks And ETFs After Banking Crisis? Here's What Charts Show
    No content preview
    Dow Jones Masks Strong Market Breadth; This Cathie Wood Stock Soars As Another Plunges
    No content preview
    US house prices may slide as their recent strength and steeper mortgage rates hit demand, Wharton professor Jeremy Siegel says
    No content preview
    Top CD Rates Today, June 6, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    The PGA Took LIV Golf’s Money. That’s Good News for 2 Stocks.
    An unusual merger is sending shares of Topgolf Callaway Brands higher.  ( 22 min )
    Boeing Delays Dreamliner Deliveries After New Defect Found
    The FAA said the plane maker notified regulators of the latest issue.  ( 27 min )
    Tesla Stock Has 25% Upside, and EVs Are Just a Part of It, Says Analyst
    Piper Sandler says there's opportunity in solar and heat pumps, too.  ( 22 min )
    Apple and Other Tech Stocks’ Rally Could Falter. What to Buy Instead.
    If some of highest-flying tech stocks should start to lose steam, other sector stocks could step in to support the market rally.  ( 22 min )
    Traders raise bets on stocks falling as S&P 500 nears new bull market
    The S&P 500's surge to start 2023 has investors increasingly wary on what might happen next for markets.  ( 8 min )
    Charles Schwab Cash Sorting Woes May Linger Into 2024
    History suggests Schwab’s cash sorting woes should abate, but this time could be different, caution Bank of America analysts. Here’s why.  ( 22 min )
    US Cash Pile Leaps by Most Since Tax Day After Debt-Limit Suspension
    (Bloomberg) -- The amount of money the US government had to pay its bills jumped on Monday to the highest level in two weeks as the Treasury rebuilds its cash pile in the wake of the Washington’s debt-ceiling suspension. Most Read from BloombergUkraine Dam Blast Blamed on Russia Tips War Into New PhasePGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfSEC’s Coinbase Lawsuit Heralds Deepening US Crypto CrackdownApple Headset Looks Sleek in Person But Battery Pack Stands OutBrothers Fi  ( 6 min )
    Harvard’s Rogoff Sees 10-Year Yield North of 4% in Coming Years
    (Bloomberg) -- Former International Monetary Fund chief economist Kenneth Rogoff sees interest rates heading higher in coming years, with the yield on the 10-year Treasury note averaging above 4% for the rest of the decade.Most Read from BloombergPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailSEC’s Coinbase Lawsuit Heralds Deepening US Crypto Crac  ( 7 min )
    Apple buys AR headset startup Mira: report
    Apple Inc has acquired Mira, a Los Angeles-based AR startup that makes headsets for other companies and the U.S. military, the Verge reported, citing a post from Mira CEO's private Instagram account on Monday and a person familiar with the matter.  ( 6 min )
    New 787 Dreamliner issue could slow delivery of 90 jets in Boeing's inventory
    Boeing said on Tuesday it is slowing deliveries of its 787 Dreamliner after the company discovered a new production flaw, but expressed optimism that it can still deliver 70-80 of the widebody jets this year as planned. The problem, which does not pose a flight safety concern, involves a fitting for the 787's horizontal stabilizer made by a Boeing production facility in Salt Lake City, Utah, the company said. Boeing will need to inspect all 90 Dreamliners in its inventory before they can be delivered, and it expects it will take two weeks to fix each aircraft, the company added.  ( 7 min )
    Apple’s new headset created a ‘sell-the-news’ event according to KeyBanc analyst who says short-term revenue gains will be ‘immaterial’
    Wall Street’s impression of Vision Pro was lackluster.  ( 8 min )
    Housing: It's cheaper to buy than rent in only 4 major US cities, study shows
    These were also the only places where more than 50% of homes in each respective market were more affordable to purchase than rent.  ( 9 min )
    The VIX Is Flirting With Its Early 2020 Low. What It Means.
    The CBOE Volatility Index, or VIX, which measures the expected volatility of the U.S. stock market, is on pace to close at the lowest level in more than three years. The index was at 14.26, down 3.2% on Tuesday, nearing its February 2020 low. The move points to a lack of major concerns in the stoc  ( 22 min )
    Ask an Advisor: How Much Money Can I Earn Working After Taking Social Security at Age 62?
    How much am I able to earn from an employer if I opt to take my Social Security at age 62 next year? – Glenn To be very clear, you can earn as much money as you want while collecting … Continue reading → The post Ask an Advisor: How Much Money Can I Earn Working After Taking Social Security at Age 62? appeared first on SmartAsset Blog.  ( 8 min )
    Coinbase sued by SEC, stock tumbles nearly 15%
    Coinbase is the second crypto exchange to face an SEC lawsuit in as many days.  ( 8 min )
    Analyst Report: Leidos Holdings Inc
    No content preview
    Analyst Report: BJ`s Wholesale Club Hldgs In
    No content preview
    AT&T ‘Has Led the Way Down’ for Telecoms. Why the Stock Still Grabbed an Upgrade.
    The wireless carrier snags an upgrade, but analysts still see plenty of reasons to be cautious.  ( 22 min )
    Nikola Stock Is Dropping Again. The SPAC Boom Is Fully a Bust.
    Shares of battery and hydrogen fuel-cell trucking firm Nikola hit a new 52-week intraday low on Tuesday. They have dropped more than 99% from their record high of almost $94.  ( 22 min )
    3 REITs With Upgrades To Start The Week
    There’s an old saying on Wall Street to “sell in May and go away.” While that may be true for some stocks, it won’t necessarily hold true for some real estate investment trusts (REITs) that began the first full week in June on a high with analyst upgrades. Take a look at three REITs that could benefit from some positive analyst words this week: DigitalBridge Group Inc. (NYSE: DBRG) is a Boca Raton, Florida-based diversified REIT that owns and operates data centers as well as cell towers, digital  ( 9 min )
    Market Update: AAPL, BJ, ETR, LDOS
    No content preview
    Shopify Stock Offers New Entry Amid Expected 715% Profit Growth
    No content preview
    Tesla Stock Is Booming As Questions Swirl Around How Model 3 Is Now Tax Credit Eligible
    No content preview
    A major insurance company let employees work remotely but the new CEO reversed the policy. Employees say it’s a ‘power move that is frankly disgusting’
    Move spurs calls to unionize.  ( 6 min )
    Bud Light sales keep slipping in another 'very weak' week
    Bud Light sales see slight improvement as declines begin to get smaller. (Though still substantial) Molson Coors, meanwhile, continues to gain share.  ( 9 min )
    Tesla Stock Has 25% Upside, and EVs Are Just a Part of It, Says Analyst
    Piper Sandler analyst Alexander Potter has a $280 price target on Tesla stock, and the electric-vehicle business only accounts for $135 of it. There's opportunity in solar and heat pumps.  ( 22 min )
    Apple and Other Tech Stocks’ Rally Could Falter. Here’s What to Buy Instead.
    If some of highest-flying tech stocks should start to lose steam, other sector stocks could step in to support the market rally.  ( 22 min )
    Billionaire Paul Singer Is Heavily Invested in These 2 ‘Strong Buy’ Stocks Despite Recession Fears
    Investors hoping to get a good readout on where the markets might be heading – switch off now, as Billionaire Paul Singer has some bad news for you. The founder of Elliott Management – a firm with around $56 billion in assets under management – says the US economy is staring at an “extraordinarily dangerous and confusing period.” On top of the challenging macro environment, Singer cites high valuations, the prospects of paltry returns in real estate and financial assets and the “significant chan  ( 10 min )
    'Talk of $100 oil is pie in the sky,' says strategist
    Oil is back down again on Tuesday, despite Saudi Arabia's recent production cut announcement. The problem is demand, say strategists.  ( 7 min )
    Novocure Stock Gets Relative Strength Rating Upgrade, Then Drops 30%
    No content preview
    Ciena Stock Drops Amid Sales Slowdown In Key Market
    No content preview
    Fintech Tingo's shares slump as Hindenburg takes short position
    The short-seller alleged that the company fabricated its financials and criticized founder Dozy Mmobuosi's claims of having developed "the first mobile payment app in Nigeria". Tingo did not immediately respond to a Reuters request for comment. The New Jersey-based holding company operates in Africa, Southeast Asia and the Middle East, and its units have ventured into agri-fintech, food processing and insurance brokerage.  ( 6 min )
    Cracker Barrel Hit by Dining Decline. The Stock Falls as It Misses on Earnings.
    The restaurant chain missed analysts' expectations for its third quarter. Guidance for the next three months also disappointed the Street.  ( 22 min )
    Bitcoin Crashes as SEC Sues Coinbase and Binance. Where Prices Could Stop Falling.
    U.S. regulators have taken aim at the heart of the crypto sector with charges against two of the most influential digital asset exchanges this week.  ( 22 min )
    Stocks drift lower, oil loses more ground: Stock market news today
    US stocks opened lower on Tuesday, with the S&P 500 (^GSPC) slipping 0.18%, the Nasdaq Composite (^IXIC) dipping 0.35% and the Dow Jones Industrial Average (^DJI) falling 0.12%.  ( 8 min )
    Coinbase sued by SEC, stock tumbles nearly 20%
    Coinbase is the second crypto exchange to face an SEC lawsuit in as many days.  ( 8 min )
    Academy Sports + Outdoors Misses Earnings, Sales in Q1, Charges Ahead on Expansion Plan
    The retailer is still bullish on its robust store expansion plan, despite a slow start to the year.  ( 8 min )
    Harvard’s future of work professor sees one job in particular disappearing because of A.I.
    The future looks “a lot less dull and a lot less routine” and will rely plenty on human brain power, Joseph Fuller tells Fortune.  ( 7 min )
    Who Has to Pay an Inheritance Tax?
    There comes a time in all of our lives when we have to say goodbye to a family member or friend. If you were close with the person who passed away, you might discover that they've left you something in … Continue reading → The post What You Need to Know About Inheritance Tax appeared first on SmartAsset Blog.  ( 8 min )
    How Much Is a Decent Retirement Home Going to Cost Me?
    A retirement home is a private facility that offers seniors care and support. These facilities typically have amenities and services that cater to the needs of seniors, including meal preparation, housekeeping, medical care and social activities. Here's a breakdown of … Continue reading → The post Retirement Home: Cost and Service Guide appeared first on SmartAsset Blog.  ( 8 min )
    Can I Retire at 65 with $2.5 Million?
    No content preview
    Coinbase Faces Hit of 30% or More from SEC Charges, Analysts Say
    The SEC on Tuesday charged the crypto broker with securities violations spanning years, taking aim at core elements of its business.  ( 22 min )
    Mobileye Stock Falls. Intel Found a Way to Cash in on AI.
    Intel will sell shares worth around $1.4 billion of self-driving technology company Mobileye.  ( 22 min )
    SEC Sues Coinbase, Alleges It Is Unregistered Broker-Dealer
    The regulator said the U.S.’s largest crypto platform violated rules that require it to register as an exchange.  ( 28 min )
    Apple Stock Just Got a Downgrade. Why the Vision Pro Goggles Don’t Excite This Analyst.
    The revenue benefit from the Vision Pro headset is likely to be “immaterial” in the short term, says one analyst, and the technology is unlikely to do anything to disrupt the iPhone.  ( 22 min )
    Coinbase Stock Drops After SEC Sues Crypto Exchange
    Shares of Coinbase fell 15% in premarket trading Tuesday after the Securities and Exchange Commission sued the crypto company for allegedly violating securities law. The SEC charged Coinbase for operating as an unregistered securities exchange, broker and clearing agency. The move comes a day after  ( 20 min )
    Merck sues US government to halt Medicare drug price negotiation
    Merck & Co said it sued the U.S. government on Tuesday, seeking an injunction of the drug price negotiation program contained in the Inflation Reduction Act (IRA), which it argues violates the Fifth and First Amendments to the U.S. Constitution. The lawsuit, expected to be filed in the U.S. District Court for the District of Columbia, argues that under the law, drugmakers would be forced to negotiate prices for drugs in the government's Medicare health insurance program at below market rates. Merck asserts this violates the part of the Fifth Amendment that requires the government to pay just compensation for private property taken for public use.  ( 7 min )
    The Stock Market Is Trying to Break Out. Morgan Stanley Expects a Big Drop.
    The investment bank forecast a decline of 10% or more for the S&P 500, citing high valuations and risks to corporate earnings.  ( 22 min )
    These Stocks Are Moving the Most Today: GitLab, Sprinklr, Unity Software, AT&T, Apple, and More.
    Shares in GitLab surged in premarket trading after the software company beat earnings expectations in its fiscal first quarter, provided upbeat guidance, and said customers were looking to its AI-powered platform  ( 23 min )
    We're in the midst of a market 'melt-up': Morning Brief
    The stock market just won't go down — even when headlines don't look good. Some analysts are calling this a "melt up" and it signals a broadening of a stock rally.  ( 7 min )
    Seeking Bullish Stock Charts? Cup Without Handle Amazingly Easy To Spot
    No content preview
    4 Stocks From Our Popular Screen Are Near Buy Points
    No content preview
    It's Time To Sell 3 Of The S&P 500's 10 Best Stocks, Says Morningstar
    No content preview
    Stock futures drift lower, oil loses more ground: Stock market news today
    Stock futures traded slightly lower on Tuesday, while wheat soared after a Ukraine dam blast.  ( 8 min )
    GitLab Stock Is Surging. It’s Another AI Play.
    The company reported fiscal first-quarter earnings late Monday, playing up its artificial intelligence credentials, and investors clearly liked what they heard.  ( 22 min )
    Analyst Report: Oshkosh Corp
    No content preview
    Analyst Report: Restaurant Brands Intl In
    No content preview
    Analyst Report: Merck & Co Inc
    No content preview
    Daily Spotlight: Argus's Favored Classes, Segments
    No content preview
    Technical Assessment: Bearish in the Intermediate-Term
    No content preview
    Market Digest: KSS, MRK, OSK, QSR
    No content preview
    Oil Price Rally Fizzles After Saudi Production Cuts Fail to Impress
    Saudi Arabia's plan to boost oil prices isn't working. Oil prices slid Tuesday, erasing gains that followed a Saudi plan to slash output, as fears about weak global demand out  ( 20 min )
    Dow Jones Futures Fall: Market Rally Retreats On Apple; 5 Stocks In Buy Areas
    No content preview
    Mobileye Stock Falls on Stake Sale. Intel Finds a Way to Cash in on the AI Rally.
    Intel will sell shares worth around $1.4 billion of self-driving technology company Mobileye.  ( 22 min )
    Bitcoin Risks 15% Fall Amid Binance Panic. How SEC Charges Can Actually Help Crypto.
    Intervention by regulators into cryptocurrencies has historically benefited the industry, and this time could be the same, says one chief investment officer.  ( 22 min )
    Daily – Vickers Top Buyers & Sellers for 06/06/2023
    No content preview
    Daily – Vickers Top Insider Picks for 06/06/2023
    No content preview
    4 Fortune 500 companies are led by openly LGBTQ CEOs. Here’s what they’ve said about their experience in corporate America
    In the nearly nine years since Apple CEO Tim Cook publicly came out as gay, three more openly LGBTQ CEOs helm Fortune 500 companies.  ( 9 min )
    Investors race to withdraw deposits from Binance amid 'web of deception' claims - latest updates
    The price of Bitcoin plunged after the world’s largest cryptocurrency exchange and its founder were accused of a “web of deception” by US regulators.  ( 8 min )
    These Stocks Are Moving the Most Today: Gitlab, Unity Software, Apple, Sprinklr, and More.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )
    Apple Just Got a Downgrade. Another Analyst Sees Headset Reveal as a ‘Sell the News’ Moment. Here’s Why.
    The revenue benefit from the Vision Pro headset is likely to be “immaterial” in the short term, says one analyst, and the technology is unlikely to do anything to disrupt the iPhone.  ( 22 min )
    European shares flat on rate-hike jitters; Novo Nordisk jumps
    European shares were range-bound on Tuesday as worries of further interest rate hikes by major central banks in the face of slowing economic growth countered support from healthcare giant Novo Nordisk. The pan-European STOXX 600 index inched 0.1% higher to 460.42 points. Danish drug developer Novo Nordisk rose 3.5%, as trading resumed following a holiday in Copenhagen on Monday.  ( 7 min )
    TSMC Says Capex to Be Near Low End of Target at $32 Billion
    (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. tempered its outlook for 2023 capital spending, as the main chipmaker to Apple Inc. grapples with soft demand for smartphone and computing chips.Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesApple Headset Looks Sleek in Person But Battery Pack Stands OutApple’s $3,499 Vision Pro Headset Will Test Marketing MightA Wall Street Titan Scores One of the Best Real Estate Trades EverMorgan Stanley Expects a Shock  ( 8 min )
    The Fed’s man-made housing market recession hit so hard that 4 real estate titans just lost their Fortune 500 status
    Rocket Companies and Zillow just fell out of the Fortune 500. Here's why.  ( 9 min )
    Oil Falls as Optimism Over Saudi-Led Production Cut Fades Fast
    (Bloomberg) -- Oil edged lower as traders weighed the outlook for supply and demand after Saudi Arabia’s surprise pledge for extra supply cuts.Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesApple Headset Looks Sleek in Person But Battery Pack Stands OutApple’s $3,499 Vision Pro Headset Will Test Marketing MightA Wall Street Titan Scores One of the Best Real Estate Trades EverMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyWest Texas Intermediate  ( 7 min )
    A New CEO Says Employees Can’t Work Remotely After All, and They Revolt
    After Farmers Group told staff last year they would be remote, some sold cars or moved cities. Now, the insurer’s new leader says, they must come to the office.  ( 26 min )
    The stock market's fear gauge just hit its lowest level in 3 years as a new bull market kicks off
    No content preview
    Market Rally Retreats On Apple Reveal, But Not Much; 5 Stocks In Buy Areas
    No content preview
    A billionaire investor who predicted the '08 crisis and the post-COVID inflation spike sees 'significant' recession risk and a prolonged period of low asset returns
    The US economy is in an "extraordinarily dangerous and confusing" time, which will result in "a lengthy period of low returns," Paul Singer said.  ( 6 min )
    Bitcoin, Ether skid; BNB drops more than 10% after U.S. securities regulator sues Binance
    All top 10 non-stablecoin cryptocurrencies took a sharp fall Tuesday morning in Asia, after the SEC sued Binance over alleged securities violations.  ( 7 min )
    Over 100% Upside: Analysts See an Appealing Entry Point in These 2 Small-Cap Stocks
    If there’s one way to describe the markets recently, that would be top-heavy. The mega-caps, the largest US companies, have been outperforming the broader indexes, and by their very size they are pulling the rest of the markets along. To give an idea of the scale, the three largest S&P-listed companies are Apple, Microsoft, and Alphabet; together, they have a combined market cap over $6.9 trillion and make up a big chunk of the S&P 500’s total value. That $6.9 trillion is a higher market cap tha  ( 10 min )
  • Open

    R-Squared vs. Adjusted R-Squared: What's the Difference?
    Learn the difference between R-squared and adjusted R-squared and what each measures.  ( 23 min )
    Top CD Rates Today, June 6, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    How to Qualify for an SBA Loan in 2023
    An SBA loan may be an option for your business, but getting one might seem daunting. Find out what you need to qualify for an SBA loan.  ( 23 min )
    Spinoff Definition, Plus Why and How a Company Creates One
    A spinoff is a new and independent company created through the distribution of shares in an existing division or business of a parent company to its shareholders.  ( 24 min )
    Dow Jones Today: Index Higher on Bank Bounce
    The Dow Jones Industrial Average finished the session essentially flat, with tech and financial stocks helping give the index a 0.03% boost.  ( 17 min )
    Markets Rise Modestly as Semiconductor and Regional Bank Stocks Gain
    Markets rose modestly on Tuesday, June 6, 2023, as semiconductor and regional bank stocks gained.  ( 16 min )
    Applicable Federal Rate (AFR): What It Is and How To Use It
    The applicable federal rate (AFR) is the minimum interest rate that the Internal Revenue Service (IRS) allows for private loans.  ( 20 min )
    PNC Savings Account Interest Rates: June 2023
    See a full overview of PNC savings account interest rates. Compare PNC Bank to top competitors and find the right savings account for your financial needs.  ( 19 min )
    Chime Savings Account Interest Rates: June 2023
    Chime’s high-yield savings account doesn’t charge a fee or require a minimum deposit. Learn more about Chime savings account interest rates and other features.  ( 20 min )
    Why the U.K. Doesn't Use the Euro
    Understand why the United Kingdom opted to not join the eurozone in adopting the euro over the pound sterling as its predominant currency, even when it was part of the E.U.  ( 23 min )
    Robinhood's Cash Account Now Pays 4.65%. Here's How It Compares.
    Robinhood hiked the interest rate for its best customers' uninvested cash balances to 4.65% APY. That's great for a brokerage cash account, but you can earn more elsewhere.  ( 18 min )
    Here's How Apple’s New Savings Account Compares
    Apple's new savings account offers a competitive 4.15% interest rate, but 17 high-yield savings accounts pay at least 4.50%, with some rates as high as 5.00%, earning you more.  ( 17 min )
    Where Are Savings Account Rates Headed?
    Savings account rates have already risen to record levels over the past 14 months, but will the Fed's latest announcement bump them higher, or cause them to plateau?  ( 20 min )
    A Quick Guide to How the FAFSA Works
    How the FAFSA helps students get federal and state financial aid, including grants, loans, and even scholarships.  ( 26 min )
    World Bank Warns About Slowing Global Economic Growth
    The World Bank said the global economy is in a "precarious position" and reduced its outlook for worldwide GDP growth in 2024.  ( 16 min )
    APR vs. APY: What’s the Difference?
    APR and APY are both used to calculate interest for investment and credit products, but differ in how they affect what you earn or must pay.  ( 26 min )
    USAA CD Rates: June 2023
    USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 20 min )
    Sequoia Capital Splits into Three Units Amid US-China Tensions
    Venture capital firm Sequoia Capital said it will split into three separate units. The move comes amid a rise in tensions between the U.S. and China, especially on tech issues.  ( 16 min )
    Charles Schwab CD Rates: June 2023
    If you’re interested in opening a new certificate of deposit (CD) account, Schwab offers a simple brokered CD with attractive rates. Here’s what to know about Schwab CD APYs, terms, and features.  ( 19 min )
    Regulator Eyes Bank Chatbots That Give Bad Info, Trap Customers in ‘Doom Loops’
    The government’s consumer watchdog is taking a look at banks’ use of customer service chatbots, finding that automated systems sometimes fail to help customers or give them inaccurate information.  ( 17 min )
    What Is a Franchise, and How Does It Work?
    A franchise is a business whereby the owner licenses its operations—along with its products, branding, and knowledge—in exchange for a franchise fee.  ( 26 min )
    How to Pay for Grad School: Financing Options
    Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.  ( 22 min )
    How to Get a Student Loan Co-signer Release
    A co-signer can help you secure a loan, but eventually, it will be time to strike out on your own. Learn how to release a student loan co-signer from their obligation to your loan.  ( 21 min )
    The Effect of Fed Funds Rate Hikes on Gold
    Explore the historical relationship between interest rate increases and the price of gold, and consider what effect a fed funds rate hike might have.  ( 24 min )
    Inverse Volatility ETF Definition
    An inverse volatility exchange-traded fund (ETF) is a financial product that allows investors to bet on market stability without having to buy options.  ( 19 min )
    Small Corporate Offering Registration (SCOR) Definition
    A small corporate offering registration (SCOR) is a simplified means for smaller companies to raise capital by issuing shares.  ( 21 min )
    Cash on Delivery (COD): What It Is and How It Works
    Cash on delivery is a type of transaction in which payment for a good is made at the time of delivery.  ( 24 min )
    Benefits of Living in NJ While Working in NYC
    Living in New Jersey while working in NYC can have its advantages. Here's a look at some of them.  ( 21 min )
    How to Get Clients As a Financial Advisor
    Getting your first clients as a financial advisor can be a challenge and takes time. Learn how to get clients as a financial advisor here.  ( 24 min )
    Top Small-Cap Stocks for June 2023
    Biggest movers include Prometheus, TG Therapeutics, and Akero Therapeutics, all more than quadrupling in price in the last year while the Russell 2000 Index stays nearly unchanged.  ( 21 min )
    Guide to Finance for LGBTQ+ People
    Members of the LGBTQ+ community face many unique financial challenges related to marriage and family planning, debt, insurance, retirement, and more. Keep reading to learn more about these issues and how circumstances have changed over time.  ( 28 min )
    Closed-End Credit: What it is, How it Works, Considerations
    Closed-end credit is a loan or extension of credit in which the proceeds are dispersed in full when the loan closes and must be repaid by a specified date.  ( 23 min )
    What Is Estimated Tax and Who Must Pay It?
    Estimated tax is a quarterly payment that is required of self-employed people and business owners who do not have taxes automatically withheld.  ( 20 min )
    Top Growth Stocks for June 2023
    These are the growth stocks with the fastest EPS and revenue growth heading into June.  ( 21 min )
    Merck Sues To Stop Medicare Drug Negotiation
    Merck (MRK), the New Jersey-based maker of widely-used cancer treatment Keytruda, filed a lawsuit Tuesday in a federal court in Washington seeking to block the drug negotiation program, created by the Inflation Reduction Act of 2022, from going into effect in 2026.  ( 17 min )
    Markets Mixed Midday as Coinbase Shares Tumble Following SEC Charges
    Markets were little changed at midday on Tuesday, June 6, 2023, as banking gains were offset by declines in health care and consumer staples stocks, and Coinbase shares tumbled following SEC charges.  ( 16 min )
    Today's Mortgage Rates & Trends - June 6, 2023: Rates Edge Higher
    Rates on 30-year mortgages climbed for a second day, after previously sinking to a two-week low. Averages were modestly up across most loan types, though 5/6 ARM rates declined.  ( 19 min )
    GitLab Shares Soar as AI Demand Booms
    GitLab shares soared after releasing better-than-expected quarterly results and CFO Brian Robins said the company is "poised" to benefit from a boom in AI demand.  ( 16 min )
    THOR Industries Beats Profit and Sales Forecasts, and Shares Rise
    THOR Industries shares jumped after the RV and motorhome maker reported third quarter profit and sales beat estimates.  ( 16 min )
    Binance Users Withdraw Almost $800 Million After SEC Lawsuit
    The Binance cryptocurrency exchange saw users fleeing after the SEC launched a lawsuit against the firm and its founder.  ( 17 min )
    Pros and Cons of CDs
    Certificate of deposit (CD) accounts may be better suited to some savers than others. Learn the pros and cons of using CDs to save.  ( 23 min )
    What Are Blue Chip Stocks, and Are They Good Investments?
    A blue chip stock is a company that typically has a large market cap, a sterling reputation, excellent financials, and many years of success in the business world.  ( 24 min )
    SEC Sues Coinbase for Operating an Unregistered Exchange, States Follow Up With Own Action
    Coinbase was sued by the SEC for allegedly operating as an unregistered exchange, its also under fire from ten state regulators and its stock has dropped almost 14% in early trading.  ( 17 min )
    Resume Definition: Meaning, Purpose, and What Should Not Be On Yours
    A resume is a document that job applicants use to summarize their work experience, educational background, and special skills.  ( 23 min )
    Carbon Disclosure Rating: What it is, How it Works, Example
    A carbon disclosure rating is a measure of the environmental sustainability of a company, based on voluntary disclosures by the company itself.  ( 18 min )
    Revolving Credit vs. Line of Credit: What's the Difference?
    Revolving credit and a line of credit offer flexibility with when you accesses credit, but they are not the same. Learn about the differences in these loans.  ( 25 min )
    Available Credit: Meaning and Examples in Credit Cards
    Available credit refers to how much a borrower has left to spend. This amount can be calculated by subtracting the borrower's purchases from the total credit limit.  ( 22 min )
    Top Energy Stocks for June 2023
    Saturn Oil & Gas, Vertex Energy, and Shawcor are top for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    America's Top CEOs and Their College Degrees
    You might expect all of America's top CEOs to have an MBA from an Ivy League school, but they hail from all kinds of academic backgrounds.  ( 25 min )
    Moral Hazard: Definition, Meaning, Examples, and How to Manage
    Moral hazard exists when a party to a transaction has an incentive to take unusual business risks because they are unlikely to suffer potential consequences.  ( 23 min )
    Unemployment Insurance (UI): How It Works, Requirements, and Funding
    Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.  ( 28 min )
    Unemployment Claim Definition
    An unemployment claim is a request an individual makes to a state government to receive temporary payments after having been laid off from a job.  ( 24 min )
    5 Things to Know Before Markets Open
    Apple gets an analyst downgrade after the release of its pricey headset and TSMC warns of slowing capital expenditures. Here’s what investors need to know today.  ( 18 min )
    Unemployment Rate by State
    Unemployment can vary wildly depending on where you live. Fortunately, the state unemployment rate at least makes it easy to find out.  ( 47 min )
    What Is a Geometric Mean? How to Calculate and Example
    The geometric mean is the average of a set of products, the calculation of which is commonly used to determine the performance results of an investment or portfolio.  ( 23 min )
    Commercial Real Estate Loan
    Obtaining a commercial real estate loan is quite different from borrowing for residential real estate. Here's what to expect and how to get what you need.  ( 27 min )
    High Prices, Expensive Loans, and Tight Credit Plague 'Gridlocked' Housing Market
    The housing market is in a state of “gridlock,” according to mortgage data company Black Knight, which released a report Monday detailing obstacles facing buyers and sellers at many points in the homebuying process.  ( 18 min )
    Merchant Bank: Functions, Services, and Examples
    A merchant bank conducts underwriting, loan services, financial advising, and fundraising services for large corporations and high-net-worth individuals.  ( 23 min )
    What Is the Unemployment Rate? Rates by State
    The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work.  ( 31 min )
  • Open

    Markets Rise Modestly as Semiconductor and Regional Bank Stocks Gain
    Markets rose modestly on Tuesday, June 6, 2023, as semiconductor and regional bank stocks gained.  ( 1 min )
    Dow Jones Today: Index Higher on Bank Bounce
    The Dow Jones Industrial Average finished the session essentially flat, with tech and financial stocks helping give the index a 0.03% boost.  ( 1 min )
    Top Growth Stocks for June 2023
    These are the growth stocks with the fastest EPS and revenue growth heading into June.  ( 1 min )
    Markets Mixed Midday as Coinbase Shares Tumble Following SEC Charges
    Markets were little changed at midday on Tuesday, June 6, 2023, as banking gains were offset by declines in health care and consumer staples stocks, and Coinbase shares tumbled following SEC charges.  ( 1 min )
    5 Things to Know Before Markets Open
    Apple gets an analyst downgrade after the release of its pricey headset and TSMC warns of slowing capital expenditures. Here’s what investors need to know today.  ( 1 min )
  • Open

    Sequoia Capital Splits into Three Units Amid US-China Tensions
    Venture capital firm Sequoia Capital said it will split into three separate units. The move comes amid a rise in tensions between the U.S. and China, especially on tech issues.  ( 1 min )
    GitLab Shares Soar as AI Demand Booms
    GitLab shares soared after releasing better-than-expected quarterly results and CFO Brian Robins said the company is "poised" to benefit from a boom in AI demand.  ( 1 min )
    THOR Industries Beats Profit and Sales Forecasts, and Shares Rise
    THOR Industries shares jumped after the RV and motorhome maker reported third quarter profit and sales beat estimates.  ( 1 min )
    Merck Sues To Stop Medicare Drug Negotiation
    Merck (MRK), the New Jersey-based maker of widely-used cancer treatment Keytruda, filed a lawsuit Tuesday in a federal court in Washington seeking to block the drug negotiation program, created by the Inflation Reduction Act of 2022, from going into effect in 2026.  ( 1 min )
  • Open

    Het is mogelijk al te laat om zomerijs op de Noordpool te redden
    Zelfs als het al lukt om de uitstoot van broeikassen fors te verminderen, is de Noordpool waarschijnlijk tussen 2030 en 2050 al vrij van zomerijs. Dit betekent dat het zee-ijs in het noordpoolgebied een stuk sneller gesmolten kan zijn dan aanvankelijk werd verwacht. Dat concluderen onderzoekers dinsdag in het wetenschappelijke tijdschrift Nature Communications.  ( 4 min )
    NU+ | De basisbeurs komt terug: hier moet je als student op letten
    De Eerste Kamer heeft dinsdag unaniem gestemd voor de herinvoering van de basisbeurs. Dat betekent dat studenten vanaf september weer maandelijks geld op hun rekening gestort krijgen, dat na hun opleiding een gift wordt. Maar zorg dat je als student niet voor verrassingen komt te staan. Waar moet jij op letten?  ( 4 min )
    Shell stopt alweer met leveren van stroom en gas bij mensen thuis
    Shell trekt na iets meer dan een jaar de stekker uit Shell Energy Nederland. Ook in Duitsland en het Verenigd Koninkrijk stopt het bedrijf met het leveren van energie aan huishoudens. Dat bevestigt een woordvoerder van Shell aan NU.nl.  ( 3 min )
    Koers cryptoplatform Coinbase keldert door strafzaak in de VS
    De beurswaarde van cryptoplatform Coinbase is dinsdag met bijna 20 procent gedaald doordat de Amerikaanse toezichthouder SEC een strafzaak is gestart tegen het bedrijf. Het grootste cryptoplatform van de Verenigde Staten zou diensten aanbieden zonder de juiste vergunning.  ( 3 min )
    Maximale boete voor NS omdat vorig jaar minder treinen reden
    NS krijgt een boete van 1,5 miljoen euro omdat de spoorvervoerder vorig jaar minder treinen liet rijden. Het is het maximale bedrag dat verantwoordelijk staatssecretaris Vivianne Heijnen (Infrastructuur) kan opleggen voor het afschalen van de dienstregeling.  ( 4 min )
    Basisbeurs voor studenten komt terug met brede steun Eerste Kamer
    Na ruim vijf jaar leenstelsel keert de basisbeurs in het hoger onderwijs terug. De Eerste Kamer heeft dinsdag ingestemd met een wetsvoorstel dat daarvoor zorgt. Daardoor kunnen zo'n 435.000 studenten van hogescholen en universiteiten vanaf september weer minstens 100 euro per maand krijgen.  ( 4 min )
    Grootste cryptoplatform ter wereld onder vuur wegens 'web van leugens'
    Amerikaanse autoriteiten slepen Binance en topman Changpeng Zhao voor de rechter. Volgens beurstoezichthouder SEC hebben de ondernemer en het cryptoplatform een "web van leugens" gesponnen. Een deel van de beleggers heeft de afgelopen 24 uur hun geld weggehaald.  ( 4 min )
    Tien jaar contactloos betalen: eerst was er vrees, nu kan het zelfs bij de collecte
    Precies tien jaar geleden gaf ING de eerste bankpas uit waarmee je kon betalen zonder de pas in de automaat te steken. Winkeliers en consumenten moesten eraan wennen, maar inmiddels rekenen we ruim 400 miljoen keer per maand contactloos af. En dat kan op steeds meer plekken.  ( 4 min )
    Vakantiegeld leidt tot bestelpiek én vertraging bij PostNL
    PostNL heeft te maken met vertragingen bij het bezorgen en retourneren van pakketten. Volgens een woordvoerder is er altijd sprake van een bestelpiek wanneer het vakantiegeld gestort is en we vrije meidagen hebben. Maar er wordt nu meer besteld dan was voorzien.  ( 3 min )
    In- en uitchecken met betaalkaart in ov kan nu overal in Nederland
    Ov-reizigers kunnen sinds dinsdag overal in Nederland inchecken met een betaalkaart. Het Rotterdamse ov-bedrijf RET was de laatste vervoerder die OVpay nog niet had ingevoerd.  ( 5 min )
    Vakantiegeld leidt tot ongekende bestelpiek én vertraging bij PostNL
    PostNL heeft te maken met vertragingen bij het bezorgen en retourneren van pakketten. Volgens een woordvoerder is er altijd sprake van een bestelpiek wanneer het vakantiegeld gestort is en we vrije meidagen hebben. Maar er wordt nu meer besteld dan was voorzien.  ( 3 min )
    Duitse industrie piept en kraakt in recessie
    Duitse fabrikanten worstelen met de afkoelende wereldeconomie. In april daalde het aantal nieuwe orders weer. De moeizame staat van de industrie zorgde in de eerste maanden van dit jaar mede voor een recessie bij onze oosterburen.  ( 3 min )
    Microsoft treft miljoenenschikking na schending privacy van kinderen
    Microsoft heeft een schikking getroffen met de Amerikaanse toezichthouder FTC. Het techconcern verzamelde illegaal gegevens van kinderen onder de dertien jaar die zich aanmeldden voor gamedienst Xbox Live.  ( 3 min )
    Robots moeten het zware werk van bagagesjouwers op Schiphol overnemen
    Schiphol test een nieuwe robot die koffers kan tillen en zo het werk van het personeel kan verlichten. Ook wordt een robot getest die koffers opzij kan schuiven naar de bagageband.  ( 3 min )
    Verfmakers Histor en Sigma leggen werk neer voor hoger loon
    Bij de Amsterdamse fabriek van PPG wordt deze week gestaakt. Het personeel van de grootste verffabriek van Nederland, waar blikken van bekende merken als Histor en Sigma worden gevuld, probeert zo een hoger loon voor elkaar te boksen.  ( 3 min )
    Robots moeten het zware werk overnemen van bagagesjouwers op Schiphol
    Schiphol test een nieuwe robot die in de bagagehal koffers kan tillen en daarmee het werk voor het personeel kan verlichten. Ook wordt een robot getest die koffers opzij kan schuiven naar de bagageband. De luchthaven kondigt aan nog een aantal andere tilhulpen en volledig geautomatiseerde systemen te willen testen.  ( 3 min )
    Inflatie weer omhoog doordat energieprijzen minder hard dalen
    De inflatie was in de maand mei 6,1 procent, terwijl de prijzen in april nog 5,2 procent hoger waren dan een jaar eerder. Eten en drinken is nog altijd veel duurder dan een jaar eerder, terwijl de energieprijzen niet hard genoeg dalen om de inflatie omlaag te brengen.  ( 4 min )
    NU+ | Terwijl de hele wereld over AI praat, komt Apple met een bril
    Het leek alsof geen groot techbedrijf nog een presentatie kon geven zonder focus op kunstmatige intelligentie. Maar Apple trekt zich niets van die trend aan en zet juist vol in op augmented reality, met een bril van 3.499 dollar: de Vision Pro.  ( 5 min )
    Inflatie weer omhoog omdat energieprijzen minder hard dalen
    De inflatie was in de maand mei 6,1 procent, terwijl prijzen in april nog met 5,2 procent stegen ten opzichte van een jaar eerder. Eten en drinken blijft veel duurder dan een jaar eerder, terwijl energieprijzen niet hard genoeg dalen om de inflatie omlaag te brengen.  ( 3 min )
    In vijf jaar tijd zijn bijna alle Nederlanders al eens getroffen door een datalek
    De Autoriteit Persoonsgegevens (AP) heeft in vijf jaar tijd al meer dan 114.000 meldingen van datalekken ontvangen. Soms komen daarbij de gegevens van honderdduizenden mensen op straat te liggen. Volgens de toezichthouder is daardoor bijna iedere Nederlander al één of meerdere keren slachtoffer geworden van een datalek.  ( 6 min )

  • Open

    What Is Unemployment? Understanding Causes, Types, Measurement
    Unemployment is the term for when a person who is actively seeking a job is unable to find work.  ( 28 min )
    Free Credit Score: Is It Really Free?
    Be careful of websites making bogus offers of free credit scores. If a site asks for credit card information, you’ll most likely end up being charged.  ( 23 min )
    Continuing Claims Definition
    Continuing claims refers to the number of people who have already filed an initial claim and are still filing for unemployment benefits.  ( 21 min )
    Variable Annuity: Definition and How It Works, Vs. Fixed Annuity
    A variable annuity is a type of annuity that can rise or fall in value based on the performance of its underlying investment portfolio.  ( 25 min )
    National Foundation for Credit Counseling (NFCC)
    The National Foundation for Credit Counseling (NFCC) is a national network of non-profit credit counseling organizations. Learn how it works.  ( 21 min )
    Top CD Rates Today, June 5, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Top Marijuana Cryptocurrencies
    Marijuana-focused cryptocurrencies began in 2014 and surged in 2018 as global legalization efforts began.  ( 22 min )
    You Can Earn a Record Interest Rate on Your Savings Right Now
    Stashing cash in a high-yield bank account is an easy way to earn a lot more interest on your money, and right now, you can earn 5.25% with the top money market account.  ( 18 min )
    Office CMBS Delinquency Rates Jump by Most in Almost 5 Years
    Delinquency rates on commercial mortgage-backed securities backed by office properties jumped in May by the most since June 2018.  ( 17 min )
    Markets Drop as Early Session Gains Fade in the Afternoon
    Markets fell on Monday, June 5, 2023 as initial enthusiasm for Apple's new headset faded.  ( 16 min )
    Dow Jones Today: Apple Headset Can’t Lift Index
    The Dow Jones Industrial Average fell 0.6%, or about 200 points, as markets cooled off from Friday's blistering rally. Amgen rose more than any other stock, but Intel led the index lower.  ( 17 min )
    Apple Reveals Vision Pro Headset, Its First New Hardware in Eight Years
    Apple shares hit an all-time high on Monday as the company released its long-awaited mixed reality headset.  ( 17 min )
    Sales of Tesla EVs Made in China Soar
    Sales of Tesla EVs made in China soared in May and were up 142% from the same period in 2022, when COVID-19 restrictions limited production.  ( 16 min )
    When Are Stock Dividends Paid Out and How?
    A dividend is usually declared quarterly after a company finalizes its income statement and dividends are paid either by check or in additional shares of stock.  ( 25 min )
    8 Best Fund Types to Use in a Recession
    When the economy blows up, find out what funds offer some protection from major losses.  ( 21 min )
    GM to Spend Over $1 Billion on New Internal Combustion Engine Pickups
    GM said it plans to invest more than $1 billion on manufacturing new heavy-duty ICE pickups.  ( 16 min )
    Pre-Market and After-Hours Trading
    The NYSE and the Nasdaq have pre-market and after-hours trading. Several factors are worth considering if you want to trade at these times.  ( 24 min )
    Cryptocurrencies To Watch: Week of June 5
    This week’s cryptocurrencies to keep an eye on are XRP (XRP), The Sandbox (SAND), XDC Network (XDC), and Lido (LDO).  ( 20 min )
    Defensive Acquisition
    A defensive acquisition is a strategy that consists of a company buying another company as a "defense" against market downturns or possible takeovers.  ( 21 min )
    SEC Sues Binance and Founder Changpeng Zhao
    The SEC has sued Binance, BAM Trading Services, and founder Changpeng Zhao for violating U.S securities laws, including the operation of an unregistered exchange.  ( 19 min )
    How to Get a Student Loan Without Your Parents
    You don’t need your parents to get a student loan. Learn about private and federal student loans to see which loans you may be eligible for.  ( 23 min )
    Cryptocurrency Exchanges: What They Are and How To Choose
    With the plethora of digital currency exchanges, how can an investor choose the right one? Take the steps to find the best exchange for your needs.  ( 23 min )
    Importance and Components of the Financial Services Sector
    The financial services sector consists of a diverse group of companies that goes beyond banks and credit unions.  ( 26 min )
    Stock Warrants vs. Stock Options
    Stock options and stock warrant have similar functions. However, companies use these two financial instruments for different purposes.  ( 22 min )
    LGBTQ+ Representation in the Workforce
    Especially at senior levels, LGBTQ+ representation in the workplace is low.  ( 29 min )
    Service Sector Downshift Raises Unemployment Worries
    Employers in the service sector say they’re pulling back on hiring, raising concerns about cracks showing in the until-now stalwart labor market.  ( 16 min )
    Mortgage Lending for LGBTQ+ People
    Members of the LGBTQ+ community have had a harder time getting home mortgages, although that may be starting to change.  ( 26 min )
    Is There a Roth IRA Gender Gap?
    A nearly equal share of women and men have IRAs, but men have a substantial lead when it comes to account balances and retirement readiness.  ( 25 min )
    Derivative Warrants Explained: Types and Example
    A derivative that gives the holder the right, but not the obligation, to buy or sell a security at a certain price before expiration.  ( 22 min )
    What Happened to First Republic Bank?
    First Republic Bank’s collapse was due to several factors, including its high levels of uninsured deposits and broader concerns about the stability of regional banks.  ( 29 min )
    Today's Mortgage Rates & Trends - June 5, 2023: Rates Mixed
    Rates on 30-year loans inched up after sinking to a two-week low, while 15-year rates dipped slightly and jumbo 30-year rates were flat.  ( 20 min )
    What Is a Blank Check Company? How They Work, Risks, and Example
    A blank check company is a developmental stage company that has no specific business plan or has the intent to merge or acquire another firm.  ( 22 min )
    Personal Loan Rates & Trends, Week of June 5: Rates Mostly Flat
    Personal loan rates continued to moderate this week, lowering the overall average by 7 basis points.  ( 17 min )
    Apple Shares Hit All-Time Highs Ahead Of VR Headsets Launch
    Apple's stock has risen to a new all-time on Monday ahead of its developer conference where the company is expected to unveil its mixed reality headsets.  ( 17 min )
    Bayes' Theorem: What It Is, the Formula, and Examples
    Bayes' theorem is a mathematical formula for determining conditional probability of an event. Learn how to calculate Bayes' theorem and see examples.  ( 24 min )
    10 Steps to Building a Winning Trading Plan
    Follow these 10 steps to help you build a profitable trading plan. It's impossible to avoid disaster without trading rules—so, make sure you know how to devise them for yourself.  ( 25 min )
    Dividend Discount Model (DDM) Formula, Variations, Examples, and Shortcomings
    The dividend discount model (DDM) is a system for evaluating a stock by using predicted dividends and discounting them back to present value.  ( 29 min )
    Bribe: Meaning, Overview and Tax Treatment
    A bribe is an illegal act in which a gift (for example, money) is given with the goal of influencing an outcome.  ( 19 min )
    War Damage Corporation Definition
    The War Damage Corporation was a government program created during World War II to provide coverage for property damages related to war.  ( 18 min )
    Types of Finance and Financial Services
    Finance is the study of money management and the process of acquiring needed funds—including personal finance, corporate finance, and public finance.  ( 24 min )
    Markets Mixed at Midday as Apple Shares Trade at an All-Time High
    U.S. equities were mixed at midday on Monday, June 5, 2023, with Apple helping to boost the tech sector.  ( 16 min )
    Risk Premiums: Like Hazard Pay for Your Investments
    A risk premium is the return in excess of the risk-free rate of return that an investment is expected to yield.  ( 26 min )
    Oil Futures Gain as Saudi Arabia Signals More Output Cuts
    Oil futures rose after Saudi Arabia announced it would reduce crude output by an additional 1 million barrels per day beginning in July.  ( 16 min )
    EPAM Cuts Guidance as Customer Spending Slumps
    EPAM shares fell to their lowest level in more than a year after the company cut its current quarter and full-year revenue and profit outlook as customers pulled back spending.  ( 16 min )
    Today's Mortgage Rates & Trends - June 6, 2023: Rates Mixed
    Rates on 30-year loans inched up after sinking to a two-week low, while 15-year rates dipped slightly and jumbo 30-year rates were flat.  ( 19 min )
    What Are Tradable Commodities?
    Understand what tradable commodities are as well as the rules and risks governing how they are sold and traded in the marketplace.  ( 20 min )
    What (and Who) Is Next of Kin, and Why Does It Matter?
    Next of kin is usually defined as a person's closest living blood relative, someone who may have inheritance rights, and obligations.  ( 25 min )
    Top 9 Tricks for Lowering Your Property Tax Bill
    Property taxes can be a huge burden for the homeowner. Learn more about some of the tricks you can use to lower your property tax.  ( 26 min )
    Delivered-at-Place (DAP) Definition: How It Works and Obligations
    Delivered-at-place (DAP) refers to an arrangement wherein the seller covers the costs and takes on the risks of moving product to the buyer's location.  ( 23 min )
    Government Could Reportedly Raise Bank Capital Requirements 20%
    Federal regulators are preparing to introduce new banking rules that would force big banks to hold up to 20% more capital, the Wall Street Journal reported Monday.  ( 16 min )
    Top Dividend Stocks for June 2023
    BRY, GNK, EGLE, CALM, and SFL lead peers by forward dividend yield  ( 23 min )
    Going Back to the Future to See How A.I. and ChatGPT Are Changing Finance
    Lex Sokolin, one of our favorite futurists, rejoins The Express to show us how A.I., ChatGPT, and the Blockchain are already changing finance and investing, and where they are taking us into the future.  ( 18 min )
    The Top 25 Stocks in the S&P 500
    The list of the 500 companies that make up the S&P 500 is called its constituent list and includes many well-known names.  ( 24 min )
    5 Things to Know Before Markets Open
    Saudi Arabia will cut oil production by 1 million barrels this summer and Apple prepares to release its new VR headset. Here’s what investors need to know today.  ( 17 min )
    Using Bullish Candlestick Patterns to Buy Stocks
    These five popular candlestick chart patterns signal a bullish reversal in downtrend.  ( 25 min )
    What Is Balanced Trade?
    Balanced trade is an economic model under which countries engage in reciprocal trade patterns and do not run significant trade surpluses or deficits.  ( 25 min )
    What Is a Virtual Assistant, and What Does One Do?
    A virtual assistant is an independent contractor who provides administrative services to clients while working outside of the client's office.  ( 23 min )
    Securities Industry Essentials (SIE) Exam Overview
    Learn about the Securities Industry Essentials Exam (SIE), the streamlined qualification test from FINRA for people looking to get a job in the securities industry.  ( 24 min )
    Tips on Buying a Beach Condo in Puerto Rico
    Puerto Rico has beautiful beaches, a great climate, and tax breaks for American buyers—but also a huge debt crisis. Learn more about purchasing a condo in Puerto Rico.  ( 23 min )
    Positive Pay: What It Is, How It Works, vs. Reverse Positive Pay
    Positive pay is a banking service used to match the checks a company issues with those it presents for payment. Learn how it is used to deter check fraud.  ( 24 min )
    Who Is Lael Brainard?
    Lael Brainard is director of the National Economic Council as of February 2023 and a former vice chairman of the Federal Reserve Board.  ( 22 min )
  • Open

    A Unique Way To Play The Coming $700 Billion Electric Vehicle Boom
    Electric vehicles are set to become a $700 billion market by 2030, and the electric boat niche is a very fast-growing part of that market  ( 17 min )
    California insurance market rattled by withdrawal of major companies
    Two insurance industry giants have pulled back from California's home insurance marketplace, saying that increasing wildfire risk and soaring construction costs have prompted them to stop writing new policies in the nation's most populous state. State Farm announced last week it would stop accepting applications for all business and personal lines of property and casualty insurance, citing inflation, a challenging reinsurance market and “rapidly growing catastrophe exposure.” The decision did not impact personal auto insurance.  ( 8 min )
    Intel to Raise About $1.5 Billion in Sale of Part of Mobileye
    (Bloomberg) -- Intel Corp., the largest US chipmaker by revenue, will sell part of its holdings in Mobileye Global Inc., raising about $1.48 billion for its ambitious spending plans. Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyA Wall Street Titan Scores One of the Best Real Estate Trades EverOil Nudged Higher by Saudi Surprise Cut as Traders Wait and SeeUS F-16 Triggers Sonic Boom Pursuing Cessn  ( 7 min )
    The stock market could rally 20% through the rest of this year if it can clear 3 key hurdles, Fundstrat says
    No content preview
    Intel to sell $1.5 billion stake in Mobileye
    After the offering, Intel's voting share in the self-driving technology company will come down to about 98.7% from the 99.3% it currently holds. Shares of the Jerusalem, Israel-based Mobileye fell over 4% to $40.55 in extended trading. The share sale comes at a time when the company is facing intense competition in the assisted driving market from chipmakers Nvidia Corp and Qualcomm Inc, which are trying to make inroads into the space.  ( 7 min )
    High-Paying ChatGPT Careers: 30% Of Companies Seek Nontech Professionals For $300,000+ Salaries
    In the realm of artificial intelligence (AI), professionals often compare the progress of AI systems to raising a toddler. Similar to how toddlers rely on adults for guidance and education to develop and mature, AI creations like the widely known chatbot phenomenon ChatGPT also depend on human intervention to gain knowledge and communication abilities. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families This has giv  ( 8 min )
    Apple's mixed reality headset announcement sends Unity stock soaring
    Unity's software will be used in Apple's new headset. After Apple's announcement, Unity stock had its best intraday performance since November 10.  ( 8 min )
    Binance Lawsuit Could Be ‘Huge Mistake’ or Bring Needed Clarity to U.S. Crypto Industry
    The Securities and Exchanges Commission’s (SEC) suit against the biggest crypto exchange in the world, Binance, could be a huge misstep if other countries allow the crypto industry to develop and it eventually replaces the traditional banking sector, Jim Bianco, president and founder of Bianco Research said.  ( 8 min )
    The OPEC-US battle is back on
    With little notice, US oil exports have hit new record highs. That will counter new OPEC production cuts and help keep prices in check.  ( 9 min )
    US bank shares fall after Treasury debt issuance, proposed new capital requirements
    Shares of U.S. banks fell on Monday with some investors pointing to worries that a flood of Treasury bill issuance following the raising of the U.S. debt ceiling would drain liquidity from lenders. The U.S. government is expected to issue $1 trillion or more of short-term debt to replenish its Treasury General Account (TGA) or cash reserves that were depleted during the political haggling over the debt ceiling. Some analysts have warned that this flood of new bills could drain bank reserves at time when liquidity is needed to bolster their balance sheet given the recent shocks to the financial system from the regional banking crisis.  ( 7 min )
    Blackstone REIT Continues Trend Of Bad News For Real Estate Investors
    Blackstone real estate investment trust (BREIT) is known as one of America’s largest and most dependable privately held REITs when it comes to delivering investor returns. However, 2023 has proven to be a difficult year for real estate investors, and Blackstone is not immune. As of May 1, 2023, Blackstone announced it is limiting investor withdrawals from its REIT, which is worth an estimated $70 billion. This move is not a new trend, as Blackstone has been limiting monthly investor withdrawals  ( 9 min )
    Markets brace for deluge of Treasury bill supply after US debt deal
    Investors are bracing for a wave of U.S. government bond issuance as the Treasury plans to refill its depleted coffers quickly after the recent suspension of the debt limit. The Treasury General Account has fallen sharply since January when Treasury hit its limit on borrowing. Deutsche Bank strategist Steven Zeng said in a recent research note he expected net bill issuance of $400 billion in June, followed by $500 billion between July and September.  ( 6 min )
    Dow Jones Falls As Apple Unveils These Products; This Stock Soars After Cathie Wood Sells It
    No content preview
    How Charlie Munger Turned $1,000 Investment Into Over $1 Million In Oil Royalties With His Unemployed Friend
    At Berkshire Hathaway Inc.’s annual shareholder meeting, Charlie Munger’s revelation about a brilliant investment he made over 60 years ago offered a glimmer of hope and inspiration to investors worldwide. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families The octogenarian billionaire has been raking in $70,000 per year from a $1,000 bet on oil royalties, a deal he struck with a golfer named Al Marshall after a cha  ( 8 min )
    Dave Ramsey faces $150M suit for promoting company accused of fraud
    Personal finance guru received up to $30 million for promoting timeshare exit company that failed to help customers, complaint alleges.  ( 6 min )
    Apple Stock Falls In Minutes After 'Vision Pro' Announcement
    History repeats itself. According to Dow Jones Market Data, Apple shares have averaged a 0.3% decline during WWDC keynotes, going back to 2013. Sure enough, tn the first few minutes after Apple announced and offered details for its 'Vision Pro' mixed reality headset, the company's stock lost its g  ( 25 min )
    'Commercial Real Estate Is Melting Down Fast': Elon Musk Warns Home Prices Will Be The Next To Crash — Yet One Property Type Could Prove Resilient
    As a serial entrepreneur who co-founded Tesla Inc., revolutionized the electric car industry and is sending rockets into space, Elon Musk isn’t known for being a real estate guru. But lately, the billionaire has been sounding the alarm for the sector. “Commercial real estate is melting down fast,” Musk said in a recent tweet. “Home values next.” He elaborated on the dire forecast during an interview with former Fox News personality Tucker Carlson in April. “We really haven’t seen the commercial  ( 9 min )
    Analyst Report: Idex Corporation
    No content preview
    Analyst Report: MongoDB Inc
    No content preview
    Analyst Report: Broadcom Inc
    No content preview
    Saudi Output Cut to Boost Oil Prices Could Be Costly
    The 10% reduction in output suggests Riyadh is willing to sacrifice market share to prop up prices.  ( 35 min )
    SEC Sues Binance. What It Means for Bitcoin and Coinbase.
    Binance is by far the world's largest cryptocurrency exchange and a pillar of the digital asset economy. Bitcoin fell after the news of the SEC charges.  ( 22 min )
    Market Update: IEX, AVGO, MDB
    No content preview
    Palantir Stock Rises on Defense Contract. AI Is Part of That.
    The data-analytics software company says it was awarded a contract from the U.S. Special Operations Command.  ( 22 min )
    The earnings recession is coming and stocks aren't ready for it: Morgan Stanley
    Despite a recent surge in stocks, Morgan Stanley sees an earnings recession on the horizon in 2023.  ( 9 min )
    I'm the head of talent acquisition at Vanguard. Here are the 3 things I look for in candidates and my favorite interview question to ask.
    No content preview
    Micron Is the Top Chip Stock Pick Amid AI Hype, Says Analyst
    Citi analyst Christopher Danely says chip stocks "are due for a pullback.” He's cautious on the group, and has moved Micron stock to the front of the pack.  ( 22 min )
    Biden administration moves to nix US states' challenge to ESG investing rule
    The Biden administration has asked a federal judge to toss out a lawsuit by Republican-led states seeking to strike down a rule allowing socially-conscious investing by employee retirement plans. The U.S. Department of Justice in a filing in Amarillo, Texas federal court on Friday said the rule was needed to replace improper limitations that the Trump administration had placed on considering environmental, social and corporate governance (ESG) factors in making investment decisions. A coalition of 25 states led by Utah and Texas sued in January, claiming the U.S. Department of Labor rule would imperil the retirement savings of millions of Americans by allowing investments to be made based on political agendas rather than financial considerations.  ( 6 min )
    Telecom Stocks Get Price-Target Cuts. Analyst Cites ‘Nerves’ Over Amazon.
    HSBC Global Research analyst Adam Fox-Rumley cut his price targets on AT&T, T-Mobile, and Verizon.  ( 22 min )
    Bill Gates Makes Billion-Dollar Bet On Heineken Just Before Budweiser Controversy, Threatening The Beer Giant's Top Ranking
    Billionaire and Microsoft Corp. Co-Founder Bill Gates continues to make waves with his latest venture into the beer industry. Gates made headlines by acquiring a substantial stake in Heineken Holding NV (OTC:HEINY), a Dutch company worth nearly $1 billion. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families The transaction, which occurred on Feb. 17, involved Gates purchasing 10.8 million shares valued at $939.87 mi  ( 8 min )
    Apple VR headset launch live: Tim Cook to unveil brand's first headset
    Apple shares have reached an all-time high as the tech company prepares to unveil its long-awaited virtual reality headset.  ( 31 min )
    The alt-right economy is failing. Here’s the real performance of anti-woke entrepreneurs
    Anti-woke entrepreneurs seem to have forgotten the most basic requirement of capitalism: to make a profit.  ( 10 min )
    EPAM Cuts Guidance as Customer Spending Slumps
    EPAM shares fell to their lowest level in more than a year after the company cut its current quarter and full-year revenue and profit outlook as customers pulled back spending.  ( 16 min )
    Chicago Walgreens redesigned with only 2 aisles available for browsing, the rest behind counters: report
    A renovated Walgreens store in downtown Chicago now only has two aisles of products available for public browsing while the rest is behind counters.  ( 7 min )
    Tesla China Sales Eke Higher In May. TSLA Stock Doubles Since January Lows
    No content preview
    Top Dividend Stocks for June 2023
    BRY, GNK, EGLE, CALM, and SFL lead peers by forward dividend yield  ( 24 min )
    Cryptocurrency Prices And News: Bitcoin Slides; Elon Musk's Dogecoin Puppy Love Is On The Rocks
    No content preview
    S&P 500 Set to Enter Bull Market as Fed Fuels Dip-Buying Surge
    (Bloomberg) -- The S&P 500 Index is heading toward a bull-market milestone after stocks rallied back from last year’s lows on optimism the Federal Reserve is nearing the finish line of its interest-rate hikes. Most Read from BloombergMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutUS F-16 Triggers Sonic Boom Pursuing Cessna That CrashedSaudi Shoulders Burden to Support  ( 7 min )
    Stocks rise, oil rises after Saudi output cut: Stock market news today
    US stocks moved higher Monday, with contracts on the S&P 500 (^GSPC), the Dow Jones Industrial Average (^DJI), and on the Nasdaq Composite (^IXIC) were flat.  ( 8 min )
    How Tesla Stock Could Have Its Own ‘ChatGPT Moment’
    Canaccord analyst George Gianarikas has an idea for a price reduction that investors would probably love.  ( 22 min )
    I Want to Gift Money. How Much Can I Give Without Owing Taxes?
    No content preview
    How Can I Tell If the Rule of 55 Applies to My Retirement Situation?
    Employer-sponsored, tax-deferred retirement plans like 401(k)s and 403(b)s have rules about when you can access your funds. As a general rule, if you withdraw funds before age 59 ½, you'll trigger an IRS tax penalty of 10%. The good news … Continue reading → The post What Is the Rule of 55 and How Does It Work? appeared first on SmartAsset Blog.  ( 9 min )
    I Won the Lottery! Just How Killer Are Taxes Going to Be For It?
    Before you see a dollar of lottery winnings, the IRS will take 25%. Up to an additional 13% could be withheld in state and local taxes, depending on where you live. Still, you'll probably owe more when taxes are due, … Continue reading → The post How Taxes on Lottery Winnings Work appeared first on SmartAsset Blog.  ( 10 min )
    What Happens If I Don't Take an RMD?
    Required minimum distributions (RMDs) are withdrawals you have to make from most retirement plans (excluding Roth IRAs). The age for withdrawing from retirement accounts was increased in 2020 to 72 from 70.5. The SECURE 2.0 Act, though, raised the age for … Continue reading → The post How to Calculate Required Minimum Distribution (RMD) appeared first on SmartAsset Blog.  ( 14 min )
    How to Protect Your Money, Even If You're Not Ultra Wealthy or Rich
    Asset protection planning aims to protect assets from creditor claims. Here's a breakdown of several ways to go about this process.  ( 9 min )
    Dow Jones Futures: Apple's 'Flex The Muscles Moment' Arrives; Oil Prices Rise On Saudi Move
    No content preview
    Oil Prices Boost Chevron, Exxon Mobil, Energy Stocks As Saudi Arabia Rattles Short Sellers
    No content preview
    Morgan Stanley sees slump in US earnings in 2023, sharp rebound next year
    Strategists led by Michael Wilson said in a note on Monday that they expect earnings to rebound sharply, with a 23% jump next year. Morgan Stanley predicted the index to rebound to 4,200 levels in 2024 while keeping its 2023-end target unchanged at 3,900. A slew of positive news, with expectations of a Fed pivot, persistent improvement in liquidity, and AI-related tailwinds to mega-cap names such as Nvidia Corp, have buoyed indexes so far, Morgan Stanley said.  ( 7 min )
    5 stock market trends to watch this summer: Morning Brief
    It's time to call out some trends to watch in the stock market before hitting the surf and sand.  ( 10 min )
    5 stock market trends to watch this summer
    It's time to call out some trends to watch in the stock market before hitting the surf and sand.  ( 10 min )
    Crazy Rich Investors Dump Stocks And Buy This Instead
    No content preview
    Apple Stock Is on Track for Record Closing High. It Could Keep Going.
    Investors are awaiting news from the company's Worldwide Developers Conference, including the expected launch of a mixed-reality headset.  ( 25 min )
    KKR to Buy Circor International in $1.6 Billion Deal
    The deal for the pump-and-valve maker counts as a relatively large leveraged buyout as financing for such takeovers has become more scarce.  ( 28 min )
    Analyst Report: Xylem Inc
    No content preview
    Analyst Report: Dell Technologies Inc
    No content preview
    KKR to buy machinery maker Circor in $1.6 billion deal
    KKR said it will pay $49 a share, sending the shares of Massachusetts-based Circor surging 49% to $47.20 in premarket trading. Circor, which has about 3,100 employees, makes pump and valve systems for sectors including industrial, aerospace, defense, oil and gas. The Wall Street Journal first reported the deal, citing people familiar with the matter.  ( 7 min )
    Daily Spotlight: Rally Stretches Stock Valuations a Bit
    No content preview
    Nio Earnings: Delivery Guidance, New EVs In Focus As Nio Stock Struggles
    No content preview
    How the ‘Amazon of Asia,’ founded by a Harvard Business School dropout, landed on the Fortune 500 for the first time
    Newly-profitable Coupang, which serves customers in South Korea and Taiwan, joins the Fortune 500 list at No. 195.  ( 10 min )
    This Bud’s for You: Time to Buy Anheuser-Busch InBev
    The global beer conglomerate finds itself caught up in a distinctly American uproar. But for long-term investors, the Bud Light brouhaha could be a rare buying opportunity.  ( 27 min )
    Daily – Vickers Top Insider Picks for 06/05/2023
    No content preview
    Daily – Vickers Top Buyers & Sellers for 06/05/2023
    No content preview
    Analysis-US hotel developers run out of cash as construction lending dries up
    Tighter lending standards from regional banks are making it harder for U.S. hotel developers to secure funding, slowing construction of new hotels at a time Americans' appetite for travel is ripe. Hotel developers, private equity firms, and general contractors told Reuters the financial stress on regional banks -- the largest lenders to hotels and other commercial real estate markets -- has forced developers to postpone projects or find other creative ways to raise capital. The hotel industry's predicament highlights the impact on the broader U.S. economy of the regional banking crisis, which resulted in the failure of three mid-sized U.S. lenders and prompted a flight in deposits to larger banks.  ( 8 min )
    PayPal’s 80% Stock Plunge Hasn’t Soured Wall Street
    (Bloomberg) -- For the majority of PayPal Holdings Inc. analysts, the only way is up. Trouble is, the stock keeps going down.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Support Oil Market With Extra CutsUS-China Handshake Fails to Stem Fears of Conflict in AsiaAbout two thirds of the more than 50 Wall Street firms c  ( 8 min )
    Analysis-Stelara patent deal puts J&J back on path to $57 billion 2025 revenue forecast
    Johnson & Johnson's legal settlement with Amgen Inc to delay a biosimilar version of its blockbuster psoriasis treatment Stelara until January 2025 could make the drug a larger contributor to J&J’s 2024 and 2025 sales than Wall Street is forecasting. Stelara, introduced in 2009, has been J&J’s top-selling drug since 2019, with sales reaching $9.7 billion in 2022. Its patents begin to expire this year, opening the door to a cheaper biosimilar entering the market, and raising expectations that the company would need to lower the $13,000 per month price of Stelara.  ( 8 min )
    Apple Set for Record High Ahead of Mixed-Reality Headset Launch
    (Bloomberg) -- Apple Inc. is on pace to close at a record high ahead of its most significant product launch event in nearly a decade, after benefiting from a broader rotation back into technology stocks.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Support Oil Market With Extra CutsUS-China Handshake Fails to Stem Fea  ( 7 min )
    Trudeau Is Betting $9 Billion on a Plan to Clean Up the World’s Dirtiest Oil
    (Bloomberg) -- Canada is staking billions of dollars of public money on an oil industry plan to transform one of the world’s dirtiest crudes into one of the cleanest. But it’s relying on a technology with a checkered track record to prolong the life of a business critics say belongs in the history books.The tar that infuses the sands in Canada’s remote northwest is so sticky the region’s indigenous people traditionally used it to waterproof their canoes. It wasn’t much use for anything else unti  ( 11 min )
    The Fed’s Interest Rate Strategy Is Getting Tricky as Plans to Skip a Hike Emerge
    (Bloomberg) -- The Federal Reserve’s June meeting is shaping up to be one of the trickiest in its 15-month campaign to tame inflation: Chair Jerome Powell seems intent on skipping an interest-rate increase, while explaining to the public that officials aren’t done yet.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Supp  ( 8 min )
    Stocks to Watch Monday: Palo Alto Networks, Oil Stocks, Nvidia
    ↗️ Palo Alto Networks (PANW): The stock will join the S&P 500 benchmark, replacing Dish Network (DISH), the index compiler S&P Dow Jones Indices said. Shares in Palo Alto Networks gained mor  ( 20 min )
    Commodities Slide as Investors Bet on Economic Slowdown
    Commodity prices are in retreat, signaling a deceleration in the world economy but lending central banks a hand in their fight against inflation.  ( 28 min )
    How a former Google scientist is trying to ride the wave of China's ChatGPT-led AI boom
    No content preview
    U.S. Stock Futures Pause With PMIs in Focus After Jobs Report
    U.S. futures paused on Monday after stocks tore higher on Friday after the latest jobs report. As investors look ahead to the Federal Reserve’s monetary policy decision next week, services-sector data due in the day ahead are in focus. Futures for the Dow Jones Industrial Average advanced 30 points  ( 27 min )
    Oil Prices Rally After Saudis Vow Additional Cuts of 1 Million Barrels a Day
    Crude oil futures opened the trading week higher after Saudi Arabia said that it was cutting production on top of OPEC+ reductions. Most-actively Brent crude oil contracts jumped, and recently stood more than 2.2% higher at $77.84 a barrel. The equivalent contract for the U.S. benchmark, West Texas  ( 20 min )
    These Stocks Are Moving the Most Today: Palo Alto, Dish Network, C3.ai, Caesars Entertainment and More.
    The shares moving the most today.  ( 22 min )
    A company replaced all of its managers with coaches. Employees became 20% more productive–and much happier
    Our managers were all replaced with coaches, with a ratio of one coach per six employees.  ( 8 min )
    Tesla's China-made EV sales rose 2.4% in May from April - CPCA
    U.S. automaker Tesla Inc delivered 77,695 China-made electric vehicles (EVs) in May, data from the China Passenger Car Association (CPCA) showed on Monday. That represented a 2.4% jump from April when Tesla sold 75,842 locally made Models 3 and Y in the world's largest auto market. On a yearly basis, sales rose 142% in May from 32,165 vehicles in the same month of 2022 when Shanghai, where its factory is located, was still subject to COVID-19 containment measures, disrupting production.  ( 6 min )
    Morgan Stanley Strategist Sees European Stocks Falling 10% This Summer
    (Bloomberg) -- European stocks may drop as much as 10% over the next few months.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises After Saudis Pledge Million-Barrel Cut at OPEC+ MeetMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Support Oil Market With Extra CutsUS-China Handshake Fails to Stem Fears of Conflict in AsiaThat’s the view of Morgan Stanley strategists led by Graham Secker, who expect the MSCI Europe Loca  ( 8 min )
    Signs of de-dollarisation emerge, but dollar top currency: JPMorgan
    There are some signs of de-dollarisation emerging right now, but the dollar should retain its "large footprint" for the foreseeable future, JPMorgan currency strategists said in a note on Monday. "Putting together various measures, overall USD usage remains within its historical range with the dollar at top of the pack, but usage is bifurcated under the hood," strategists Meera Chandan and Octavia Popescu at the Wall Street bank wrote. "De-dollarisation is evident in FX reserves where (the dollar's) share has declined to a record as share in exports declined, but is still emerging in commodities," the strategists said.  ( 6 min )
    Energy Transfer Stock Earns Technical Rating Upgrade; Still Room To Grow
    No content preview
    The Price of Oil Could Run Up Soon. 6 Stocks to Play It.
    At just over $71 a barrel, WTI crude remains above a key “support” level in the high-sixties.  ( 22 min )
    Stock market today: Asian stocks follow Wall St up after strong US jobs report
    Asian stocks followed Wall Street higher on Monday after strong U.S. hiring data suggested a possible recession might be further away, while smaller wage gains stoked hopes inflationary pressures are weakening. Shanghai, Hong Kong and Seoul also rose. Wall Street's benchmark S&P 500 index leaped 1.5% on Friday, putting it on the verge of entering what traders call a “bull market” after rising nearly 20% in seven months.  ( 8 min )
    Novo Nordisk in talks buy controlling stake in Biocorp
    The Danish company said it had entered into exclusive negotiations with Bio Jag, Biocorp's main shareholder, for the purchase of its over 45% stake in the French company at a price of 35.0 euros ($37.44) per share in cash. The price represents a premium of 19.5% over Biocorp's closing market price on June 2 and the transaction values Biocorp at about 154 million euros, the companies said. Certain minority shareholders, representing 19.0% of the share capital of Biocorp, will also transfer shares to Novo Nordisk and the transaction will be followed by a squeeze-out procedure.  ( 7 min )
    US banks could face 20% hike to capital requirements - WSJ
    U.S. regulators are preparing to tighten rules for large banks, which could raise their capital requirements by 20% on average, the Wall Street Journal reported on Monday, to boost the financial system's resilience after a spate of midsize bank failures this year. Regulators are on track to propose the changes as early as this month, the WSJ reported, citing people familiar with the matter. Last month, the U.S. Federal Reserve's top regulatory official told Congress that the central bank would likely unveil its plan to ratchet up capital rules for banks this summer and ensure supervisors more aggressively police lenders following the bank failures.  ( 6 min )
    A Wall Street trader made a $7.5 million windfall on a suspiciously-timed investment ahead of a surprise debt limit deal concession
    No content preview
    Dollar edges up as US rates seen higher for longer
    The dollar firmed against major peers in Asian trading after a robust U.S. jobs report spurred traders to price in higher interest rates for longer. The Australian dollar erased early losses after a report showed a pick-up in services activity in key trading partner China. The Canadian dollar proved resilient, buoyed by a spike in crude oil prices.  ( 7 min )
    Brent may rise toward $100/bbl as Saudi output cut could worsen supply gap - analysts
    A global shortfall in crude oil supply is set to deepen in the third quarter as the world's top exporter Saudi Arabia pledged extra output cuts from July in a move likely to push Brent towards $100 a barrel by the end of the year, analysts said. Oil prices jumped more than $1 a barrel on Monday as the Saudi energy ministry said on Sunday its output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the kingdom's biggest reduction in years. The voluntary cut pledged by Saudi is on top of a broader deal by the Organization of the Petroleum Exporting Countries and their allies including Russia to extend production cuts into 2024 as the group seeks to boost flagging oil prices.  ( 8 min )
    Stocks slide as debt ceiling vote looms, jobs data stays hot: Stock market news today
    US stocks closed lower Wednesday as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor vote later. Meanwhile, strong US jobs data and China’s economic woes pressured global markets.  ( 9 min )
    Morgan Stanley Sees Shock 16% US Profit Drop Killing Stock Rally
    (Bloomberg) -- Morgan Stanley anticipates a sudden pullback in corporate earnings will slam the brakes on a US equity rally, a call at odds with Wall Street estimates. Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutUS-China Handshake Fails to Stem Asia’s Fear of Another UkraineOil Surges After Saudis Pledge Million-Barrel Cut at OPEC+ MeetQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime Membe  ( 7 min )
    Asian shares extend global rally; oil prices jump on Saudi cuts
    Asian shares extended a global rally on Monday on optimism the Federal Reserve would pause its rate hikes this month after a mixed U.S. jobs report, while oil jumped as Saudi Arabia pledged big output cuts in July. Brent oil jumped $1.82, or 2.4%, to $77.95 a barrel, while U.S. crude climbed $1.77, or 2.4%, to $73.51. Oil prices have recently come under pressure amid heightened concerns about China's slowing economic recovery.  ( 8 min )
    Asian Stocks Extend Global Rally; Oil Advances: Markets Wrap
    (Bloomberg) -- Asian stocks were poised to climb Monday after the S&P 500 rose to the cusp of a bull market amid strengthening bets for a Federal Reserve rate pause this month. Oil rallied on a supply cut from Saudi Arabia.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-Chin  ( 8 min )
    Saudi Arabia Goes It Alone at OPEC+ With Million-Barrel Cut
    (Bloomberg) -- Saudi Arabia said it will make an extra 1 million barrel-a-day production cut in July, taking its production to the lowest level for several years after a plunge in crude prices.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-China Handshake Fails to Stem Asia  ( 9 min )
    Don’t Ask Us to Come to the Office More —  Or We Will Quit, Investors Say
    (Bloomberg) -- Financial professionals have a warning for their employers: Don't ask me to come in to the office more often, or I’ll quit.Most Read from BloombergMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutUS-China Handshake Fails to Stem Asia’s Fear of Another UkraineQatar Airways Plans for Future Without First Class on Long-HaulOil Surges After Saudis Pledge Million-Barrel Cut at OPEC+ MeetThat's according to the latest Ma  ( 9 min )
  • Open

    Markets Drop as Early Session Gains Fade in the Afternoon
    Markets fell on Monday, June 5, 2023 as initial enthusiasm for Apple's new headset faded.  ( 1 min )
    Dow Jones Today: Apple Headset Can’t Lift Index
    The Dow Jones Industrial Average fell 0.6%, or about 200 points, as markets cooled off from Friday's blistering rally. Amgen rose more than any other stock, but Intel led the index lower.  ( 1 min )
    Markets Mixed at Midday as Apple Shares Trade at an All-Time High
    U.S. equities were mixed at midday on Monday, June 5, 2023, with Apple helping to boost the tech sector.  ( 1 min )
    Oil Futures Gain as Saudi Arabia Signals More Output Cuts
    Oil futures rose after Saudi Arabia announced it would reduce crude output by an additional 1 million barrels per day beginning in July.  ( 1 min )
    5 Things to Know Before Markets Open
    Saudi Arabia will cut oil production by 1 million barrels this summer and Apple prepares to release its new VR headset. Here’s what investors need to know today.  ( 1 min )
  • Open

    Apple Reveals Vision Pro Headset, Its First New Hardware in Eight Years
    Apple shares hit an all-time high on Monday as the company released its long-awaited mixed reality headset.  ( 1 min )
    Sales of Tesla EVs Made in China Soar
    Sales of Tesla EVs made in China soared in May and were up 142% from the same period in 2022, when COVID-19 restrictions limited production.  ( 1 min )
    GM to Spend Over $1 Billion on New Internal Combustion Engine Pickups
    GM said it plans to invest more than $1 billion on manufacturing new heavy-duty ICE pickups.  ( 1 min )
    EPAM Cuts Guidance as Customer Spending Slumps
    EPAM shares fell to their lowest level in more than a year after the company cut its current quarter and full-year revenue and profit outlook as customers pulled back spending.  ( 1 min )
  • Open

    Eerste hulp bij gras: zo houd je je gazon groen en gezond nu het erg droog is
    Na een koel en fris voorjaar genieten Nederlanders momenteel massaal van de zon. Alleen is dat lekkere weer minder goed voor je gazon. Hoe zorg je er ondanks de droogte voor dat jouw gras groener is dan bij de buren?  ( 6 min )
    Apple kondigt iOS 17 met nieuwe dagboekapp aan
    Het nieuwe besturingssysteem voor de iPhone, iOS 17, is een relatief kleine update ten opzichte van iOS 16. Wel komt er een gloednieuwe dagboekapp en wordt een nieuwe stand-bymodus toegevoegd. Ook presenteerde Apple vernieuwingen voor Macs.  ( 4 min )
    Europese gasprijs stijgt hard doordat andere landen ook meer vloeibaar gas willen
    De Europese gasprijs is maandag voor het eerst sinds maart tot 20 procent gestegen. Dat komt voornamelijk doordat steeds meer Aziatische landen proberen vloeibaar gemaakt aardgas (lng) te bemachtigen. De markt voor lng wordt daardoor krapper.  ( 3 min )
    Stormloop op hooikoortsmiddelen door droog en warm weer
    Hooikoortspatiënten bestellen de laatste weken massaal pillen, sprays en druppels. De verkopen zijn veel hoger dan gebruikelijk in deze tijd van het jaar. Dat merkt A.S. Watson, het bedrijf achter drogisterijketens Trekpleister en Kruidvat.  ( 3 min )
    VDL gaat fietsframes van eigen bodem maken
    VDL Groep, die ook eigenaar is van VDL Nedcar, gaat aluminium fietsframes maken. Het daarvoor opgerichte VDL Bike Frame strijkt neer in Breda.  ( 2 min )
    Gokbedrijf Bingoal krijgt boete voor reclame gericht op jongeren
    Bingoal heeft van de Kansspelautoriteit een boete van 400.000 euro gekregen. Het sportgokbedrijf richtte zich in een reclame op jongvolwassenen in de leeftijd van 18 tot 24 jaar. Dat is verboden.  ( 3 min )
    Jumbo bekijkt of het met sommige producten wat minder kan
    Supermarktconcern Jumbo gaat terug naar de kern. Waar in het verleden een product werd toegevoegd als een klant erom vroeg, houdt de keten het assortiment nu kritisch tegen het licht.  ( 3 min )
    Verlenging van deal over importban Oekraïens graan op komst
    Het blijft voor Oekraïne waarschijnlijk verboden om graan te verkopen in vijf Oost-Europese landen. De landen vrezen voor concurrentie van het goedkopere Oekraïense graan en dwongen vorige maand al een tijdelijk verbod af, dat maandag afloopt. Een verlenging tot september is in de maak.  ( 3 min )
    Viaplay waarschuwt voor mindere resultaten doordat mensen op de kleintjes letten
    Het rommelt bij streamingdienst Viaplay. Topman Anders Jensen vertrekt bij het bedrijf vanwege tegenvallende resultaten. Het videoplatform, dat onder meer de Formule 1-races van Max Verstappen uitzendt, heeft zijn financiële verwachtingen inmiddels naar beneden bijgesteld.  ( 3 min )
    Veel zon zorgt voor zonnepanelenrecord en soms zelfs voor geld terug
    Niet eerder is er zoveel energie opgewekt met zonnepanelen als in de maand mei. Het is ook voor het eerst dat deze hernieuwbare bron meer energie opleverde dan biomassa, zo blijkt uit cijfers van Energieopwek.nl.  ( 3 min )
    Formule 1 en Premier League brengen Viaplay niet wat ervan verwacht werd
    Het rommelt bij streamingdienst Viaplay. Topman Anders Jensen vertrekt bij het bedrijf vanwege tegenvallende resultaten. Het videoplatform, dat onder meer de Formule 1-races van Max Verstappen uitzendt, heeft zijn financiële verwachtingen inmiddels naar beneden bijgesteld.  ( 3 min )
    Zwitserse bankenreus krijgt op 12 juni gestalte
    UBS rondt de overname van branchegenoot Credit Suisse naar verwachting op 12 juni af. Daarmee ontstaat een Zwitserse bankenreus met een balanswaarde van 1,6 biljoen dollar (1,7 biljoen euro).  ( 3 min )
    Gemiddelde hypotheekrente blijft al maanden ongeveer gelijk
    De langlopende hypotheekrentes zijn in 2023 nauwelijks veranderd, ziet De Hypotheker. Ook maakt het nauwelijks meer uit of je de rente vastzet voor tien, twintig of dertig jaar.  ( 3 min )
    Qatar Airways stopt straks met eersteklas
    Vermogende reizigers die vliegen met Qatar Airways kunnen binnenkort niet langer een dutje doen in een van de luxueuze ligstoelen in de eersteklas. De luchtvaartmaatschappij gaat die namelijk schrappen in de volgende generatie langeafstandsvliegtuigen.  ( 3 min )
    Drie op de vier ondernemers kunnen hogere kosten niet doorberekenen aan klant
    Drie kwart van de Nederlandse ondernemers zegt hogere kosten niet of slechts voor een deel te kunnen doorberekenen aan de klant. Dat komt vooral doordat ze bang zijn om klanten kwijt te raken aan de concurrentie. Bovendien zijn prijzen vaak vastgelegd in afspraken met klanten, meldt statistiekbureau CBS.  ( 3 min )
    Een op de twintig bedrijven heeft problematische schulden
    Zo'n 5 procent van de bedrijven in Nederland dreigt door schulden in de knel te raken. Het gaat om vijfduizend tot tienduizend ondernemingen. Onder meer in de horeca vrezen veel ondernemers dat ze niet meer aan hun betalingsverplichtingen kunnen voldoen.  ( 3 min )
    Meer mensen met zwaar beroep kunnen eerder stoppen met werken
    In steeds meer sectoren kunnen we met vervroegd pensioen. Dat betekent dat iemand met een zwaar beroep bijvoorbeeld drie jaar eerder kan stoppen met werken, maar daar wordt nauwelijks gebruik van gemaakt.  ( 5 min )

  • Open

    Principal Residence Exclusion: Definition, Amount, IRS Rules
    Understand how to leverage the principal residence exclusion to reduce or eliminate paying capital gains tax.  ( 20 min )
    The Tax Implications of Opening a Foreign Bank Account
    The tax implications of opening a foreign bank account are complicated, as the IRS is hostile to U.S. citizens holding such accounts.  ( 23 min )
    Kelley School of Business at Indiana University Definition
    The Kelley School of Business is the business school of Indiana University. It offers programs in finance, accounting, marketing, and management.  ( 19 min )
    Acid-Test Ratio Definition: Meaning, Formula, and Example
    The acid-test ratio is a strong indicator of whether a firm has sufficient short-term assets to cover its immediate liabilities.  ( 25 min )
    How Long Should You Keep Bank Statements?
    Electronic statements should be accessible for as long as you'll need them. If you get paper statements, keep them for at least a year and then shred them.  ( 22 min )
    Tax Loophole for Deducting Home Equity Loan Interest
    Some homeowners can still qualify for a tax deduction on home equity loan interest thanks to a loophole, but only if they meet certain criteria.  ( 23 min )
    What Is Bad Debt? Write Offs and Methods for Estimating
    Bad debt is an expense that a business incurs once the repayment of credit previously extended to a customer is estimated to be uncollectible.  ( 24 min )
    Green Economics: Overview, Criticisms, FAQ
    Green economic theories encompass a wide range of ideas, all dealing with the interconnected relationship between people and the environment.  ( 23 min )
    Turkish New Lira (TRY) Definition
    TRY is the abbreviation for the domestic currency used in the Turkish Republic of Northern Cyprus as well as in Turkey.  ( 18 min )
    After-Tax Basis Definition
    After-tax basis is used to compare the net after-tax returns on taxable and tax-exempt bonds to gauge which had a higher yield.  ( 18 min )
    9 Easy Ways to Increase Your Gas Mileage
    Improved gas mileage is good for your wallet, good for your car, and good for the environment. Here's how to achieve it.  ( 21 min )
    Collection Agency Definition
    A collection agency is a company used by lenders to recover funds that are past due or from accounts that are in default.  ( 21 min )
    Coincheck Definition
    Coincheck is a Tokyo-based cryptocurrency exchange and digital wallet founded in 2012.  ( 22 min )
    How to Transfer a 401(k) to a New Employer
    If you're changing jobs you may have the option to roll over your 401(k) into a plan. Learn more about how to transfer a 401(k) to new job.  ( 24 min )
    Budget Control Act (BCA)
    Budget Control Act is a 2011 federal statute to increase the United States' debt ceiling, thereby avoiding the risk of sovereign debt default.  ( 22 min )
    Valuing Startup Ventures
    Valuing a company is a difficult task, regardless of the size of the business—but here are some methods that can help.  ( 28 min )
    What Is Insider Trading, and When Is It Legal?
    Insider trading is using material non-public information to trade stocks and is illegal unless that information is public or not material.  ( 26 min )
    Determining Where to Set Your Stop-Loss
    Determining stop-loss is about targeting an allowable risk threshold and should be strategically derived with the intention of limiting loss.  ( 21 min )
    Bought Deal: Meaning in Initial Public Offerings
    A bought deal is a securities offering in which an investment bank commits to buy the entire offering from the client company.  ( 19 min )
    Relativity Trap Definition
    A relativity trap is a psychological or behavioral bias that leads people to make irrational choices with their spending decisions.  ( 23 min )
    What Are the Main Problems With a JIT (Just in Time) Production Strategy?
    Learn about the just in time (JIT) production strategy and how the precise coordination and timing it requires can end up costing a business money.  ( 19 min )
    What Are Shares? Meaning and How They Compare to Stocks
    Shares are a unit of ownership of a company that may be purchased by an investor.  ( 23 min )
    Movie vs. TV Industry: Which Is More Profitable?
    Which entertainment sector is more profitable: movies or TV? Let’s take a look. You might be surprised by the results.  ( 19 min )
    Transportation Bond Definition
    A transportation bond is a fixed-income security issued by a municipality to fund infrastructure needs related to public transportation.  ( 19 min )
    Modified Accrual Accounting: Definition and How It Works
    Modified accrual accounting is a bookkeeping method commonly used by government agencies that combines accrual basis accounting with cash basis accounting.  ( 19 min )
    What Is an Amendment? Definition, How It Works, and Example
    An amendment is a change or addition to the terms of a contract agreement, government document, or law.  ( 19 min )
    What Are the Different Types of Margin Calls?
    Learn the differences between margin calls and fed margin calls while reviewing the definitions of each and how to satisfy each call.  ( 20 min )
    Marginal Cost Meaning, Formula, and Examples
    Marginal cost is the change in total cost that comes from making or producing one additional item.  ( 28 min )
    Global Market Downturn Unmade 800,000 Millionaires In 2022
    The world’s richest people saw the biggest decline in wealth in more than a decade in 2022, with high net worth individuals losing $3 trillion collectively.  ( 17 min )
    Understanding Austerity, Types of Austerity Measures & Examples
    Austerity is defined as a state of reduced spending and increased frugality.  ( 25 min )
    Four Scandalous Insider Trading Incidents
    The SEC has always pursued insider trading as a key element of its activities. Here are a few of the most notable cases throughout the years.  ( 24 min )
    Safe Deposit Boxes: Store This, Not That
    Safe deposit boxes can keep certain valuables safe, but don't use one for anything you’ll need easy access to. Learn what you should, and should not, put in a safety box.  ( 25 min )
    Best Ways to Send Large Sums of Money Abroad
    It can be difficult to send large sums of money abroad. Learn more about the top five safest ways to send and receive large sums of money internationally.  ( 22 min )
    What Is a Chargeback? Definition, How to Dispute, and Example
    A chargeback is a charge that is returned to a payment card after a customer successfully disputes an item on their account transactions report. Learn more.  ( 21 min )
    What Is Hyperinflation? Causes, Effects, Examples, and How to Prepare
    Hyperinflation describes rapid and out-of-control price increases in an economy. Learn the causes of hyperinflation and how it can impact everyday consumers.  ( 27 min )
    Proof of Funds (POF): Definition, What Qualifies, and How to Get
    Proof of funds (POF) refers to a document that demonstrates a person or entity has the ability and funds available for a specific transaction.  ( 22 min )
    Lockbox Banking: Definition, How It Works, Risks, and Cost
    Lockbox banking is a service provided by banks to companies for the receipt of payment from customers.  ( 22 min )
  • Open

    Oil jumps 2% on Saudi plan to deepen output cuts from July
    Oil prices jumped more than $2 a barrel in early Asian trade on Monday, hours after the world's top exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from July. Brent crude futures was at $78.42 a barrel, up $2.29, or 3%, at 2219 GMT after earlier hitting a session-high of $78.73 a barrel. Saudi Arabia's output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the biggest reduction in years, its energy ministry said in a statement.  ( 7 min )
    Oil prices jump more than $2/bbl after Saudi pledges to cut more output
    Oil prices jumped more than $2 a barrel in early Asian trade on Monday, hours after the world's top exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from July. Brent crude futures was at $78.42 a barrel, up $2.29, or 3%, at 2219 GMT after earlier hitting a session-high of $78.73 a barrel. Saudi Arabia's output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the biggest reduction in years, its energy ministry said in a statement.  ( 6 min )
    Biden Debt-Bill Signing Set to Unleash Tsunami of US Debt Sales
    (Bloomberg) -- President Joe Biden’s signature of legislation suspending the federal debt ceiling has given the Treasury Department the green light to resume net new debt issuance after months of disruption.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-China Handshake Fail  ( 7 min )
    Elon goes to China, Rivian is selling stock for $3 billion, and Fiat's cutest tiny EV
    The biggest news this week has been Elon Musk’s visit to China, a move that has the potential to strengthen Tesla’s ties with the world’s largest auto market. It’s Musk’s first visit since the COVID-19 pandemic, and his commitment to China isn’t surprising given how much China’s vehicle sales carry the automaker’s global sales. In Q1, China accounted for over half of Tesla’s deliveries.  ( 12 min )
    Amazon is unfazed by remote workers protesting its return-to-office mandate: ‘There’s more energy, collaboration, and connections happening’
    "It’s going to take time to adjust back to being in the office more," a spokesman said after a walkout this week.  ( 9 min )
    GameStop, Brown-Forman, Campbell Soup, NIO, Ciena, and More Stocks to Watch This Week
    Earnings reports from Gitlab, Ciena, J.M. Smucker, Brown-Forman, Campbell Soup, GameStop, DocuSign, Vail Resorts, and NIO. Plus, services PMI and durable goods.  ( 23 min )
    Saudi Arabia slashes oil production and threatens to do 'whatever is necessary' to boost prices
    Saudi Arabia has announced plans to cut its oil production by 1 million barrels per day (bpd) as the Kingdom pledged to do “whatever is necessary” to prop up sagging prices.  ( 8 min )
    Elon Musk disclosed a missed opportunity, said he hates firing people, and revealed a desire to meet Warren Buffett in a 2008 profile that's resurfaced
    No content preview
    The stock market's new normal is a future of neverending chaos
    No content preview
    Bill Ackman wants Jamie Dimon to run for president. Here's what Warren Buffett, Bill Clinton, and others have said about the JPMorgan chief's political potential.
    No content preview
    Restaurant Chain Cava Set to Launch IPO
    Executives aim to sell the shares for between $17 and $19 apiece. The high end of that range would value Cava at around $2.2 billion.  ( 29 min )
    Zombie Mortgages Could Force Some Homeowners Into Foreclosure
    Homeowners say they are getting bills and foreclosure threats on second mortgages they thought were taken care of long ago.  ( 23 min )
    Dow Jones Futures: Market Rally Shows Character Change; Tesla, Apple In Focus
    No content preview
    Chuck Todd to Be Replaced by Kristen Welker on NBC’s ‘Meet the Press’
    Todd, who has anchored the Sunday program since 2014, will step down in September.  ( 28 min )
    Why Employees Should Have an IRA Separate From Their Work 401(k)
    Doubling up retirement plans adds some complexity, but it could be worth it.  ( 27 min )
    Airbus heads towards 500-jet IndiGo order
    Airbus is closing in on a potentially record deal to sell 500 narrowbody A320-family jets to India's largest carrier, Indigo, industry sources said on Sunday. The European planemaker has emerged as front-runner for an order eclipsing Air India's historic provisional purchase of 470 jets in February, the sources said on the sidelines of an airline industry meeting in Istanbul. Airbus and Boeing are also competing in talks to sell 25 wide-body jets to the same airline, they said.  ( 6 min )
    The Best Remote Jobs for American Retirees
    While retirement may be associated with leaving the workforce behind, most Americans plan to work past the age of 65. In fact, a 2022 study from the Transamerica Center for Retirement Studies found that around 57% of workers plan to … Continue reading → The post Best Work-from-Home Opportunities for Retirees appeared first on SmartAsset Blog.  ( 10 min )
    Do Bump-Up CDs or Regular CDs Have Higher Yields?
    Certificates of deposits are some of the safest investments you can make. They are not dependent on the stock market, they are protected by deposit insurance and they have clear terms that you understand going in. A bump-up CD, also … Continue reading → The post What Is a Bump-Up CD and How Is it Used to Increase Your APY? appeared first on SmartAsset Blog.  ( 8 min )
    Debt ceiling done, Fed goes quiet: What to watch this week
    With first quarter earnings season largely done, investors will now shift focus to the Fed's next meeting and how policy updates could impact the AI-driven rally in stocks.  ( 10 min )
    Can I Retire Comfortably at 65 With $1 Million?
    Retiring when you're in your 60s or younger is the goal for every worker. But can you retire comfortably at the age of 65 with $1 million? For some people, yes. But the true answer is that there is no … Continue reading → The post Can I Retire at 65 With $1 Million? appeared first on SmartAsset Blog.  ( 10 min )
    Is $2 Million Enough to Retire Comfortably on at 55?
    It's often said that a million dollars isn't as much as it used to be – but how about $2 million? A retirement fund of that amount can provide $80,000 in annual income - without even touching the principal. While … Continue reading → The post Is $2 Million Enough to Retire on at 55? appeared first on SmartAsset Blog.  ( 11 min )
    How Do 401(k) Employer Matches Really Work?
    Changes to federal law governing retirement savings plans allow employers to make matching contributions to employees' 401(k) accounts using after-tax dollars as with a Roth 401(k). Employees get to choose whether contributions will be made after-tax or pretax. However, the … Continue reading → The post How Roth 401(k) Matching Works With Your Employer appeared first on SmartAsset Blog.  ( 8 min )
    US Cities Where High Earners Lose The Most To Taxes and Cost of Living
    An annual income of $250,000 won't put you in the top 1% of earners, but it will get you close to it. That's because only 7% of households in the United States earn $250,000 per year1. How far that income … Continue reading → The post Where High Earners Lose The Most To Taxes and Cost of Living - 2023 Study appeared first on SmartAsset Blog.  ( 10 min )
    VW Is on a Hunt for Resources to Remove China From Its EV Batteries
    Volkswagen is the latest carmaker to invest in securing its own supplies for building batteries—and capturing more profits.  ( 29 min )
    Record demand for 35-year mortgages as first-time buyers face soaring rates
    A record share of first-time buyers are taking out mortgages with terms of 35 years or more as soaring costs force more Britons to sign up to a lifetime of debt.  ( 7 min )
    When Nikola and Bed Bath & Beyond Stock Dove, a Big Investor Held On
    California State Teachers’ Retirement System, the second-largest U.S. pension, didn’t budge on first-quarter stock losers Nikola, Bed Bath & Beyond, KeyCorp, and Zions.  ( 23 min )
    German car makers join the race to avert a Brexit ‘cliff edge’ disaster for EVs
    German car makers are ramping up pressure on Brussels to avoid a post-Brexit “cliff edge” for the auto industry as officials in Whitehall race to strike a deal.  ( 9 min )
    Investing Action Plan: Tesla, Apple In Focus With Earnings Season Finally Slowing
    No content preview
    China’s Recovery Is ‘Sputtering.’ Consumers Are Keeping the Economy Afloat.
    Retailers are seeing strong growth in China after years of pandemic restrictions. The recovery is tenuous, analysts say.  ( 22 min )
    ETF Providers Rush to Tap Into AI Investing Craze
    New actively managed funds are giving investors broader exposure to artificial intelligence development.  ( 27 min )
    OPEC+ meets to debate production quotas, new cut - sources
    OPEC and its allies will meet on Sunday to debate a new deal possibly adjusting countries' output quotas and a further cut in production, sources told Reuters, as the group faces flagging oil prices and a looming supply glut. OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, pumps around 40% of the world's crude, meaning its policy decisions can have a major impact on oil prices. Three sources familiar with OPEC+ discussions have told Reuters that additional production cuts were being discussed among options for Sunday's session.  ( 7 min )
    Many Biotechs Have Net Assets That Top Their Market Values
    There are 23 biotechs with negative enterprise values in the XBI and the iShares Biotechnology ETFs.  ( 22 min )
    Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
    The major oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in supply to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to U.S. drivers and helped ease inflation worldwide. The 23-member group is meeting Sunday at OPEC headquarters in Vienna after sending mixed signals about possible moves. Saudi Arabia, dominant among the oil cartel's members, has warned speculators that they might get burned by betting on lower prices.  ( 9 min )
    The gigantic North Sea oil field that could be Britain’s last
    Roughly 80 miles west of the Shetland Islands, on the edges of the North Atlantic, the biggest undeveloped oil field in UK waters sits deep beneath the waves.  ( 10 min )
    After Month of Pain, Euro Bulls Look to Fed Pause for Relief
    (Bloomberg) -- Investors who took out long positions in the euro could be in for some respite, even as a shaky outlook for the economy continues to stalk the common currency.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersQatar Airways Plans for Future Without First Class on Long-HaulUS Chides China Over Defense Talks as Navy Sails by TaiwanRich Latin Americans Transform Laid-Back Madrid Into a New MiamiTaylor Swift Argentina Tickets Are a Bargain With  ( 9 min )
    Housing Ended Spring With a Whimper. What’s Next for Prices, Mortgage Rates.
    Higher mortgage rates stopped both home buyers and sellers in their tracks in the spring, putting an end to the pandemic home-buying boom. Summer might not be better.  ( 22 min )
    OPEC Latest: Fight Over African Members Hangs Over Talks
    (Bloomberg) -- OPEC+ ministers meet on Sunday to hash out a deal on oil production after a last-minute fight with African members threatened to derail the gathering.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersQatar Airways Plans for Future Without First Class on Long-HaulUS Chides China Over Defense Talks as Navy Sails by TaiwanRich Latin Americans Transform Laid-Back Madrid Into a New MiamiTaylor Swift Argentina Tickets Are a Bargain With Inflation  ( 8 min )
    THG braced for shareholder revolt over ‘unjustified’ salary for new finance chief
    Former British tech champion THG is facing a shareholder revolt at its investor meeting that risks deepening chief Matthew Moulding’s dislike of the London market.  ( 7 min )
    Saudi Arabia, Some OPEC Members Clash Over Oil-Production Quotas
    OPEC and its allies meet Sunday in Vienna to decide on an output plan.  ( 29 min )
    Bearish Bets Against S&P 500 Are Surging, Despite Love for Big Tech
    Hedge funds and other speculative investors have built up a big bet that the S&P 500 will decline, marking their most bearish positioning since 2007.  ( 27 min )
  • Open

    Driekwart ondernemers kan hogere kosten niet doorberekenen aan klant
    Driekwart van de Nederlandse ondernemers zegt hogere kosten niet of slechts voor een deel te kunnen doorberekenen aan klanten. Dat komt vooral omdat ze bang zijn om klanten kwijt te raken aan de concurrentie. Ook zijn prijzen vaak vastgelegd in afspraken met klanten, meldt statistiekbureau CBS.  ( 4 min )
    Onenigheid met Afrikaanse leden OPEC+ over olieproductiedoelen
    Afrikaanse leden van oliekartel OPEC+ worden steeds meer onder druk gezet om de ruimte binnen hun doelstellingen voor olieproductie op te geven. Die ruimte willen de Verenigde Arabische Emiraten (VAE) graag gebruiken om zelf meer te kunnen produceren. Vooral Angola en Nigeria halen hun doelstellingen niet.  ( 3 min )
    Egypte zet sleepboten in voor tanker met pech in Suezkanaal
    Egypte heeft drie sleepboten ingezet om een olietanker met motorpech in het Suezkanaal weg te slepen. Die tanker stremt het verkeer in de kortste scheepvaartroute tussen Azië en Europa.  ( 3 min )
    Topman Qatar Airways: eersteklas verdwijnt in nieuwe vliegtuigen
    Vermogende reizigers die vliegen met Qatar Airways kunnen binnenkort niet langer een dutje doen in een van de luxueuze ligstoelen in de eersteklas. De luchtvaartmaatschappij gaat die namelijk schrappen in de volgende generatie langeafstandsvliegtuigen.  ( 3 min )
    Belangrijke conferentie Apple staat in teken van VR-bril
    Voor Apple-fans is het lange wachten eindelijk voorbij: maandag lanceert de techreus naar alle waarschijnlijkheid na vele jaren weer een belangrijk nieuw product. Apple komt op zijn jaarlijkse ontwikkelaarsconferentie WWDC volgens vele geruchten met een eigen virtualreality-bril (VR).  ( 4 min )
    Zeepmaker Henkel heeft optie voor terugkopen activiteiten Rusland
    De Duitse zeepmaker Henkel, bekend van merken als Pritt en Persil, heeft de mogelijkheid om zijn activiteiten in Rusland binnen nu en tien jaar terug te kopen. Voorwaarde is wel dat de omstandigheden in en de relatie met dat land "fundamenteel" veranderen.  ( 3 min )
    Video | Waarom je zonnepanelen in de lente het meeste opbrengen
    Steeds meer Nederlanders hebben zonnepanelen op het dak liggen. Maar wanneer produceren deze panelen nou de meeste stroom?  ( 3 min )
    Goedkoper op vakantie door sterke euro? Dat valt te bezien
    We krijgen deze zomer meer dollars, kronen, lira’s en Antilliaanse guldens voor een euro. De waarde van onze munt bij een wisselkantoor zit in de lift. Dat kan interessant zijn richting het vakantieseizoen. Maar je reis wordt er niet altijd goedkoper van.  ( 6 min )
    De comeback van de basisbeurs is (bijna) een feit, maar niet voor alle studenten
    Als de Eerste Kamer dinsdag met de herinvoering van de basisbeurs instemt, krijgen studenten vanaf september weer maandelijks een bedrag dat na hun opleiding een gift wordt. Dat is een opluchting voor veel studenten, al is het wetsvoorstel volgens velen verre van perfect.  ( 5 min )

  • Open

    Vostro Account: Definition, Purpose, Services, and Example
    A vostro account is an important part of correspondent banking in which a foreign bank provides financial services on behalf of a domestic bank.  ( 22 min )
    Secured Overnight Financing Rate (SOFR) Definition and History
    The secured overnight financing rate (SOFR) is a benchmark interest rate for dollar-denominated derivatives and loans that replaced LIBOR.  ( 22 min )
    Top 6 Marriage-Killing Money Issues
    Strengthen your marriage by understanding and dealing with these six major financial stressors.  ( 30 min )
    The Rules of a 401(k) Hardship Withdrawal
    You can take funds from your retirement account for immediate and pressing financial needs. But you'll pay a price for doing so.  ( 23 min )
    Crossed Check: Definition, Meaning, and How It Works
    A crossed check is a check that has been crossed with two parallel lines, either across the whole check or through the top left-hand corner of the check.  ( 21 min )
    What Is a Basic Attention Token (BAT)? How It Tracks Consumers
    The Basic Attention Token (BAT) fuels the Brave browser, which aims to revolutionize digital advertising through blockchain technology.  ( 21 min )
    Who Is Craig Wright? Is He Really Bitcoin's Satoshi Nakamoto?
    Craig Wright claims to be Satoshi Nakamoto, the mysterious inventor of Bitcoin. But his claim is riddled with holes.  ( 24 min )
    Biden Signs Bill Ending Debt Limit Showdown
    The debt limit crisis is over. For now, at least, as President Joe Biden signed a bill Saturday suspending the nation’s self-imposed borrowing limit until January 2025.  ( 17 min )
    Empirical Rule: Definition, Formula, Example, How It's Used
    The empirical rule is a statistical theory stating that 99.7% of normally distributed data will fall within three standard deviations from the dataset's mean.  ( 26 min )
    Tezos (XTZ): Definition and How It Works in Crypto
    Tezos (XTZ) is a decentralized blockchain network with an associated cryptocurrency token and a colorful history.  ( 22 min )
    What Is Ethereum 2.0?
    The Ethereum blockchain transitioned to proof-of-stake in September 2022. The upgrade also set the stage for the blockchain's future.  ( 22 min )
    What You Need to Know About Fee-Only Financial Advisors
    Fee-only financial advisors get paid for their services, not by commission. Learn why that matters and why you may still want to hire one.  ( 28 min )
    Turbulent Global Economy Trimmed the Ranks of Billionaires in 2022
    The world’s billionaire population fell by 3.5% in the latest year, with tech, healthcare, and real estate fortunes particularly vulnerable.  ( 18 min )
    Adidas Releases Remaining Yeezy Inventory—Here’s What Kanye West’s Net Worth Is Now
    Kanye West has a net worth of $400 million as of 2023, according to Forbes. West’s net worth dropped from $2 billion after Adidas and other companies cut ties with the rapper in 2022 after antisemitic comments and offensive behavior.  ( 18 min )
    How Do Interest-Only Mortgages Work?
    Sophisticated borrowers may consider one of these interest-only loans to keep their initial mortgage payments low, but should understand the risks first.  ( 26 min )
    Irrevocable Letter of Credit (ILOC): Definition, Uses, Types
    An irrevocable letter of credit is a bank guarantee for payment by the party requesting the letter. It cannot be revoked.  ( 28 min )
    Optimize Your Portfolio Using Normal Distribution
    Normal or bell curve distribution can be used in portfolio theory to help portfolio managers maximize return and minimize risk.  ( 24 min )
    An Advisor's Role as Behavioral Coach
    Investment management is just one part of a financial advisor's role.  ( 25 min )
  • Open

    Why it's not that great that everyone is flocking to their online bank
    No content preview
    From artificial intelligence to 'absolute insanity,' these are the 3 ingredients needed to fuel the next stock market bubble
    No content preview
    Bond Bulls Ignore Fed-Hike Noise and Keep Buying Yield Spikes
    (Bloomberg) -- For over a year, bond traders been whipsawed by uncertainty about how high the Federal Reserve will push interest rates. Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersTrillion-Dollar Treasury Vacuum Coming for Wall Street RallyRich Latin Americans Transform Laid-Back Madrid Into a New MiamiChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthUS Chides China Over Defense Talks as Navy Sails by TaiwanBut that’s now giving way to a gro  ( 8 min )
    Home buyers are facing the least affordable market on record
    No content preview
    Democrats Hatch Plans to End ‘Insanity’ of Debt-Ceiling Fights
    Some lawmakers are seeking legislation or action by President Biden to avoid the recurring high-stakes standoffs on Capitol Hill.  ( 30 min )
    Billionaire investor Cliff Asness talks stocks, recession, Warren Buffett, and commercial real estate in a new interview. Here's the 8 best quotes.
    No content preview
    The housing market has never been this unaffordable for new buyers
    "For new home buyers, this is the worst situation since the end of the Great Recession."  ( 6 min )
    Jim Chanos, Bank of America, and others still aren't jumping on the AI hype train
    No content preview
    JPMorgan's Jamie Dimon succession dilemma
    The industry's top banker knows he can't be the boss "forever." How much longer will he stay, and who would replace him?  ( 11 min )
    Trillion-Dollar Treasury Vacuum Is Coming for Wall Street Rally
    (Bloomberg) -- With a debt ceiling deal freshly inked, the US Treasury is about to unleash a tsunami of new bonds to quickly refill its coffers. This will be yet another drain on dwindling liquidity as bank deposits are raided to pay for it — and Wall Street is warning that markets aren’t ready.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a N  ( 9 min )
    Don't keep your money in Venmo, PayPal, and other payment apps, CFPB warns
    Money held in popular apps like Venmo, PayPal, and CashApp are more vulnerable to financial uncertainty because they may not offer federal deposit insurance through the FDIC or NCUA.  ( 8 min )
    Palo Alto Networks To Join S&P 500 Index: Here Are All The S&P Index Changes
    No content preview
    Can I Make After-Tax 401(k) Contributions?
    No content preview
    The Tentative Debt Ceiling Deal Could Affect You More Than You Think
    President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) reached a tentative agreement to raise the U.S. debt ceiling over the weekend, allowing a ray of hope to peek through the fiscal cloud that had been hanging over D.C. This … Continue reading → The post What the Tentative Debt Ceiling Deal Means For You appeared first on SmartAsset Blog.  ( 7 min )
    Investor Panic Ensures as Potential Consequences of a U.S. Debt Default Revealed
    Eight million is the sobering figure economists urge you to remember. If the U.S. were to default on its debt, the repercussions would be large: a staggering loss of more than 8 million jobs, accompanied by a protracted recession that could … Continue reading → The post Investor Panic: Potential Consequences of a U.S. Debt Default Revealed appeared first on SmartAsset Blog.  ( 12 min )
    Can I (Legally) Avoid Paying Tax on Dividends?
    Dividends are payments that some companies make to shareholders to reward them for investing in them. Dividends can provide regular, predictable income to investors who also preserve the chance of profiting from price appreciation. Dividends can qualify for advantageous capital … Continue reading → The post How Do I Avoid Paying Tax on Dividends? appeared first on SmartAsset Blog.  ( 8 min )
    $300,000 Probably Won't Last You Too Long in Retirement
    How long will $300,000 last in retirement? The answer to that depends on a variety of things: your lifestyle, your lifespan, your investments and any other income you have, to start. Let's break down whether $300,000 is enough for your … Continue reading → The post How Long Will $300,000 Last in Retirement? appeared first on SmartAsset Blog.  ( 9 min )
    Will an Employer Match Count Toward My 401(k) Limit?
    A 401(k) is an employer-sponsored, tax-advantaged retirement plan. You fund this account by contributing a set percentage of your paycheck into the account. One of the biggest perks of a 401(k) plan is that employers have the option to match your … Continue reading → The post How the Employer Match Works With the 401(k) Limit appeared first on SmartAsset Blog.  ( 9 min )
    Morningstar: These Stocks Are a Bargain Right Now
    Now might be a good time to buy. That's the takeaway from a recent Morningstar analysis, which reported in on a seeming contradiction in stock prices. The market as a whole, Morningstar writes, is expensive. But those prices are a bargain … Continue reading → The post Looking for Bargain Stocks? Morningstar Says These Are Cheap appeared first on SmartAsset Blog.  ( 10 min )
    How I Can Retire Comfortably at 45 With $2 Million
    Retiring before you're 50 may sound like a pipe dream, but a nest egg of $2 million can make this a reality. The question is, how can you save that amount in only about two decades? Depending on your circumstances, … Continue reading → The post How to Retire at 45 With $2 Million appeared first on SmartAsset Blog.  ( 11 min )
    Is It Possible to Save Too Much For Retirement?
    It may seem like an odd notion, but it is possible to save too much money. You may have financial habits that allow you to sock away tons of money but cause your current quality of life to deteriorate. As … Continue reading → The post Am I Saving Too Much for Retirement? appeared first on SmartAsset Blog.  ( 9 min )
    Is $3 Million Enough to Retire Comfortably at 65?
    To some people, $3 million will sound like a lot. You probably think $3 million is enough to retire if you're among that crowd. But retiring with $3 million at 65 can last depending on your longevity, lifestyle and other … Continue reading → The post Is $3 Million Enough to Retire at 65? appeared first on SmartAsset Blog.  ( 8 min )
    Don't Forget: Roth IRA Income Limits For 2023
    A Roth individual retirement account (IRA) can be a helpful tool for retirement planning. These tax-advantaged accounts offer a way to save money in addition to what you might be contributing to a 401(k) or similar workplace plan. And if … Continue reading → The post Roth IRA Income Limits for 2023 appeared first on SmartAsset Blog.  ( 10 min )
    Can I Take Money Out of My 401(k) Even If I'm Still Employed?
    Taking money out of a 401(k) is a big decision. The specifics of how to take money out of a 401(k) plan depend on your age, employer plan, whether you're still working for the company that sponsors your 401(k) plan … Continue reading → The post How to Take Money Out of a 401(k) Plan appeared first on SmartAsset Blog.  ( 9 min )
    How to Be Smart About Artificial-Intelligence ETFs
    With all the attention on ChatGPT, here is how to choose an AI fund. They’re not all alike.  ( 28 min )
    Your early childhood skills will become more important to landing a job than your degree, says a Harvard future of work professor
    If you haven’t gone to therapy yet, here’s your sign: Addressing your childhood trauma could be critical for your career.  ( 9 min )
    S&P 500 Giant Tesla Leads Five Stocks Near Buy Points As Market Revs Up
    No content preview
    Get Ready for the Full-Employment Recession
    Employment is soaring yet output is falling, by one measure. Blame a historic slump in productivity.  ( 27 min )
    A nation of quitters: US workers aren't staying at jobs for as long as they used to
    In the last decade between 2012 and 2022, the median job tenure has dropped from 4.6 years to 4.1 years.  ( 9 min )
    Even the cheapest Tesla Model 3 now qualifies for the full $7,500 tax credit
    If you're buying a Tesla Model 3 in the US, you can now get the maximum possible federal tax credit of $7,500 no matter what make you're getting.  ( 6 min )
    The Wrong Accounting Method Can Prevent You From Tax-Loss Harvesting
    If you want to use tax losses from individual equities or mutual funds to offset gains elsewhere, it is key to use an accounting system that allows you to specify which shares can be sold.  ( 22 min )
    Chip maker TSMC needs to hire 4,500 Americans at its new Arizona plants. Its ‘brutal’ corporate culture is getting in the way
    The chip giant says its Arizona hiring is on schedule, but recruiters say the company is a hard sell.  ( 14 min )
    Saudi Oil Minister Takes Combative Stance With Wall Street Speculators
    As the world’s biggest oil producers gather to decide on a production plan, the spotlight is on Prince Abdulaziz bin Salman’s fixation on traders whose bets can cause crude prices to fall.  ( 29 min )
    A New Wave of Real Estate Pain Is Coming After European Rout
    (Bloomberg) -- Roiled by rising borrowing costs and falling valuations that wiped out $148 billion of shareholder value, European landlords are bracing for a new wave of pain. Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Million PayoutsInside the Making of Redfall, Xbox’s Latest Misfir  ( 9 min )
    Meredith Whitney, Who Predicted the Financial Crisis, Reveals Her Next Act
    Whitney rose to prominence as an Oppenheimer analyst and went on to a career in startups. Now she's ready for a new chapter.  ( 22 min )
    How Britain's broken benefits system created a 'lost generation' who no longer need to work
    It is more than a century since the first jobless benefits were paid in Britain, when David Lloyd George’s Liberal government introduced unemployment insurance through the National Insurance Act of 1911.  ( 12 min )
    Dow jumps 700 points as US stocks soar on end to the debt ceiling fight and strong May jobs report
    Markets cheered the end of the debt ceiling showdown as the Senate sent the bill to raise the US borrowing limit to President Biden's desk.  ( 7 min )
    Online Banks Are Winning the Deposit War
    Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have far fewer branches than peers.  ( 28 min )
    Cash-strapped Treasury Department sells one-day bills for the first time since 2007
    No content preview
    Even the biggest winners of Nvidia's stock spike are cutting back as AI hype goes into overdrive
    No content preview
    Stock Market Rally Shows Character Change With Tesla, Apple In Focus; Here's What To Do Now
    No content preview
  • Open

    Waar DSM en Shell hun kroon afzetten, wordt Heijmans juist koninklijk
    Bouwbedrijf Heijmans heeft zaterdag het predicaat koninklijk gekregen. De bouwer uit Rosmalen bestaat honderd jaar en krijgt bij dat jubileum de royale titel uitgereikt. Shell en DSM verloren onlangs nog hun kroon. Hoe zit het met het predicaat koninklijk?  ( 5 min )
    Biden ondertekent schuldendeal en voorkomt chaos op financiële markten
    De Amerikaanse president Joe Biden heeft zaterdag zijn handtekening gezet onder het wetsvoorstel dat de verhoging van het schuldenplafond regelt. Daarmee is voorkomen dat de VS zijn financiële verplichtingen niet meer kan nakomen.  ( 4 min )
    Op vakantie buiten Europa? In een paar seconden verbruik je 60 euro aan data
    Ga je deze zomer buiten Europa op vakantie, denk dan goed na over het gebruik van je smartphone. Met een beetje pech verbruik je in enkele seconden voor tientallen euro's aan mobiel dataverkeer. Gelukkig zijn er manieren om te voorkomen dat je thuis een dikke telefoonrekening op de mat vindt.  ( 5 min )
    Witte Huis denkt cruciale schuldendeal vandaag te kunnen ondertekenen
    De Amerikaanse president Joe Biden ondertekent mogelijk zaterdag al het wetsvoorstel dat de verhoging van het schuldenplafond regelt, laat een regeringswoordvoerder weten.  ( 4 min )
    Vijfhonderd e-mailadressen gelekt bij pensioenfonds ABP
    Er zijn vijfhonderd e-mailadressen van gepensioneerden bij pensioenfonds ABP gelekt. Het lek kwam tot stand door een "menselijke fout" bij het verzenden van een e-mail, zegt een woordvoerder van ABP.  ( 2 min )
    Zomervakantie vieren we steeds vaker in Noord-Europa
    Zon, zee en strand blijven voor veel Nederlanders populaire ingrediënten voor hun zomervakantie. Tegelijkertijd zitten actieve vakanties naar noordelijker landen in de lift, ziet een aantal bedrijven uit de reisbranche.  ( 4 min )
    Zomervakantie wordt steeds vaker in Noord-Europa gevierd
    Zon, zee en strand blijven voor veel Nederlanders populaire ingrediënten voor hun zomervakantie. Tegelijkertijd zitten actieve vakanties naar noordelijker landen in de lift, ziet een aantal bedrijven uit de reisbranche.  ( 4 min )
    Wat doet en verdient een lid van de Eerste Kamer?
    Voor Eerste Kamerleden bestaat geen vacaturesite. Ze worden gekozen door de leden van de Provinciale Staten, die op hun beurt weer zijn gekozen door ons. De 75 nieuwe Eerste Kamerleden blijven in principe vier jaar aan.  ( 5 min )
  • Open

    Dow Jones Today: Index Rallies on Jobs Strength
    The Dow moved up by more than 700 points after the Labor Department's stronger-than-expected jobs report.  ( 1 min )

  • Open

    Here's why the upcoming OPEC meeting will be a 'pivotal' moment as tensions simmer between Russia and Saudi Arabia over global oil supply
    It's possible that Saudi Arabia brings a more assertive stance to the table when OPEC+ holds its meeting on Sunday.  ( 8 min )
    Extreme investor bearishness suggests stock market gains of 16% are coming in the next 12 months, BofA says
    No content preview
    Tesla says all new Model 3s now qualify for full $7,500 tax credit
    All new Tesla Model 3 vehicles will now qualify for the full $7,500 federal EV tax credit, according to a change in Tesla's website. The EV tax credits were mandated by Congress last August as part of the Inflation Reduction Act, with the goal of ending U.S. reliance on China for batteries. The full $7,500 tax credit is broken into two parts.  ( 6 min )
    How the Debt-Ceiling Deal Could End Up Biting Stock Investors
    Changes in the Federal Reserve’s balance sheet, the Treasury’s cash balances, bank reserves, and other factors will probably affect equities.  ( 22 min )
    Disney Sees Potential $1.9 Billion Charge From Removing Streaming Content
    Company said it removed certain produced content from its DTC segment on May 26.  ( 27 min )
    ‘Shadow Banks’ Account for Half of the World’s Assets—and Pose Growing Risks
    Regulators don't have a clear view into the huge world of nonbank finance, or 'shadow banking.' Barron's peers into this opaque world.  ( 75 min )
    EV-Charging Firm EVgo’s Largest Holder Bought $25 Million of Stock
    LS Power purchased 5.9 million shares in EVgo’s recent stock offering. EVgo Chairman David Nanus is on LS Power’s management committee.  ( 22 min )
    DraftKings Stock Ends Up Being A Good Bet
    No content preview
    JPMorgan COO: 'There will be a recession at some point'
    Two of the banking industry's top executives discussed the slowdown they expect to see this year on Wall Street.  ( 8 min )
    Stock Melt-Up Drives S&P 500 to Brink of Bull Run: Markets Wrap
    (Bloomberg) -- The relentless rally in big tech, options positioning and bets on a Federal Reserve pause following a mixed jobs report put stocks on the verge of a bull market.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiInside the Making of Redfall, Xbox’s Latest MisfireHedge Funds at War for Top Traders Dangle $120 Million Payout  ( 8 min )
    Foreign investors are pulling out of Chinese markets at a faster pace as the economic rebound stumbles
    No content preview
    Stock Market Surge Underscores Bullish Week For Indexes; Dow Gains 700 Points
    No content preview
    C3.ai Stock Set to Lead in AI After Srong Quarter
    Analysts weigh in on Kenvue, C3.ai, CSX, Toast, and Ryanair Holdings  ( 22 min )
    This 35-Year-Old Man Was Unemployed When He Founded NerdWallet — A $738 Million Company
    Tim Chen, CEO and co-founder of NerdWallet Inc., has come a long way since the 2008 financial crisis when he found himself among the unemployed, like many others at that time. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families After spending four years working in hedge funds such as Perry Capital and JAT Capital Management, Chen received the news of his layoff around Christmas, leaving him devastated. “It was super  ( 9 min )
    Time To Take Profit On Six Winners With Huge Gains?
    No content preview
    Auto Stocks Are Soaring. 1 Reason Is a Golden Cross.
    Tesla stock is up more than 4% in late trading. One reason looks technical. The other looks like unemployment did the trick.  ( 22 min )
    How One Trader Made $8 Million In The Stock Market In 2 Years
    Making money in the stock market sounds like a dream come true, and for most traders, it's just that: a dream. Unless your name is Jack Kellog, the 24-year-old who achieved $8 million in gains from day trading in 2020 and 2021. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Where It All Started Starting his trading journey in 2017 with only $7,500, Kellogg has encountered and overcome various market conditions,  ( 8 min )
    AI Is Going to Change Investing. Here’s How It Could Play Out.
    Like the PC and cellphones, artificial intelligence has the capacity to rewrite how almost every business works—including investing. Here’s how it might change things for retail and institutional investors.  ( 22 min )
    The A.I. job culling has already begun and 4,000 people lost work last month to the technology, according to a new report
    White-collar jobs are most at risk.  ( 7 min )
    Extreme Networks Surges To All-Time High As Analysts Get Bullish On Network Leader
    No content preview
    Tesla Stock Breaks Out; Here's How To Profit With A Butterfly Spread
    No content preview
    U.S. Oil Drillers Are Idling Rigs
    The number of rigs drilling for crude dropped again this week, a sign that U.S. producers are pessimistic about prices. There are now 555 rigs drilling specifically for oil, down 15 from last week in the sharpest decline in oil-patch activity since the Covid lockdowns. The total is down 11% since t  ( 20 min )
    A Viterra-Bunge Deal to Rescue Argentine Soy Giant Is Now at Risk
    (Bloomberg) -- A deal to rescue one of the biggest suppliers of soybean meal fed to livestock herds around the world is at risk of falling apart because of court delays and Argentina’s worst drought in living memory.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Million PayoutsInside the  ( 8 min )
    3M, DuPont Stocks Are Soaring on PFAS Settlement. A Big Overhang Is Gone.
    DuPont, Corteva, Chemours, and 3M shares are up after a $1.2 billion legal settlement over PFAS chemicals. Here's how investors can make sense of that.  ( 36 min )
    Why Taiwan Semi Isn’t the Stock to Play Nvidia’s AI Boom
    Wall Street analysts are telling clients TSMC's exposure to the AI trend might be limited this year.  ( 22 min )
    Apple's Lesser-Known Co-Founder Owned ⅓ Of The Company But Missed Out On A Potential $900 Billion Fortune
    With the late Steve Jobs and Steve Wozniak, Apple Inc.'s co-founders, dominating the tech world for decades, it’s easy to overlook the vital role played by a lesser-known figure: Mike Markkula. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families While Jobs and Wozniak captured the limelight, Markkula’s contributions to Apple's success were no less significant. From angel investor to CEO and chairman, Markkula’s jour  ( 9 min )
    Cash-Strapped U.S. Treasury Auctioned Bills Maturing in One Day
    The cash-strapped U.S. Treasury today auctioned $15 billion in bills maturing in one day as it awaits a resolution to the debt-ceiling impasse.  ( 18 min )
    Wharton professor Jeremy Siegel says investors' hopes of a Fed pause are pushing stocks higher – and skipping a rate hike would lower the risk of a US recession
    No content preview
    Microsoft Could See AI Revenue Boost of $100 Billion by 2027, Analyst Says
    Evercore ISI analyst Kirk Materne says artificial intelligence is going to provide a gigantic boost to Microsoft, which is in a "unique position to monetize the platform shift to AI."  ( 22 min )
    Verizon and AT&T Shares Slump on Reports Amazon to Offer Wireless to Prime Members
    Amazon.com is reportedly in talks with phone carriers to offer low-cost or free nationwide mobile phone service to Prime subscribers.  ( 23 min )
    Analyst Report: Altria Group Inc.
    No content preview
    Analyst Report: Public Storage
    No content preview
    Analyst Report: Salesforce Inc
    No content preview
    The Jobs Report Was Very Strong. Why the Stock Market Is Up Anyway.
    Hiring was strong in May, but wage gains showed less inflationary pressure from the labor market.  ( 23 min )
    Market Update: CRM, LH, MO, PSA, LULU
    No content preview
    Apple and Goldman Sachs Don’t Trust Their New Banking Customers
    No content preview
    IPO Stock Of The Week: Software Leader JFrog Eyes Buy Point With 417% Growth
    No content preview
    Coors and Miller Lite Gain at Bud Light’s Expense. It Might Last.
    Molson Coors brands Coors Light and Miller Lite have grown market share as Bud Light faced a backlash. TD Cowen analyst Vivien Azer says Molson Coors will enjoy “durable market-share momentum.”  ( 22 min )
    What's Going On With SoFi Tech Stock Friday
    SoFi Technologies, Inc (NASDAQ: SOFI) stock is down Friday as the Senate cleared the debt ceiling bill with 63 votes in favor of the legislation and 36 against it. The CARES Act passed in March of 2020, allowed a pause on student loan repayments. The current debt ceiling deal would terminate this pause, and repayments must resume on August 29, 2023. The student loan refinancing firm prosecuted the government to end the pause earlier this year. Through student and personal loans, the company aime  ( 7 min )
    Apple’s Revenue Could Get a Big Boost From AR/VR. Here’s One Estimate of How Much.
    If a headset is unveiled at Monday's WWDC, Apple shares might get a big boost too.  ( 22 min )
    What's Going On With Big Telecom Stocks Today - Dish, Verizon, T-Mobile, AT&T
    Dish Network Corp (NASDAQ: DISH) stock is up Friday amid reports of selling wireless plans for its mobile phone service through Amazon.Com Inc(NASDAQ: AMZN). Amazon has been talking with wireless carriers about offering Prime subscribers $10 a month or possibly for free and bolster loyalty among its biggest spending customers. The company is negotiating with Verizon Communications Inc (NYSE: VZ), T-Mobile US Inc (NYSE: TMUS), and Dish for the lowest possible wholesale prices, Bloomberg reported  ( 7 min )
    Student loans: Borrower advocates press for Biden veto on ‘shameful’ student debt bill
    The resolution would repeal President Joe Biden’s most recent extension of the student loan pause.  ( 8 min )
    Pro Picks: Missed the boat on Nvidia? Check out these 5 stealth AI plays
    After NVIDIA's (NASDAQ:NVDA) astounding AI-fueled earnings results and guidance last week, its valuation briefly vaulted past the $1 trillion mark and Wall Street analysts scrambled to jack up estimates on the company. But that massive surge makes Nvidia a tricky buy right now: InvestingPro’s fair value algorithm calls the stock overvalued at current levels, with some 30% potential downside risk.  ( 7 min )
    Bank Stocks Are Too Beaten Down. JPMorgan Chase, Citizens Financial, and More to Buy Now.
    Bank stocks have been “excessively penalized,” says Wells Fargo analyst Mike Mayo. Here are some names to consider.  ( 22 min )
    Rivian Stock Is Down but Not Out. A Wall Streeter Sees a Path for Profits.
    Barcalys analyst Dan Levy feels better about the EV start-up after a visit to its assembly plant in Normal, Illinois.  ( 22 min )
    Elon Musk Praises Quality of Made in China Teslas, Exxon Eyes Double Output With New Fracking Tech, Netflix Shareholders Vote Against Fat Exec. Pay: Today's Top Stories
    Benzinga Made-In-China Teslas Are The Highest Quality, Says Musk: ‘It Warms My Heart’ Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is back in America after a two-day trip to China, his first since the onset of the COVID-19 pandemic. The billionaire entrepreneur made a pitstop at Giga Shanghai as part of his tour and delivered a late-night speech praising his Chinese staff. Sharing pictures from his visit to the Gigafactory on Wednesday evening, Musk tweeted, “Congratulations to Giga Shanghai & Tesla C  ( 12 min )
    Long-Time Nvidia Investor Trims Holdings as AI Rally Overheats
    (Bloomberg) -- One of Nvidia Corp.’s long-term investors is trimming bets on the stock, saying the frenzy around artificial intelligence has pushed valuations too far.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultHedge Funds at War for Top Traders Dangle $120 Million PayoutsRich Latin Americans Transform Laid-Back Madrid Into a New MiamiEdmond de Roths  ( 7 min )
    Retirement-Savings Changes You Should Know About for 2023-24
    The Secure 2.0 Act has all sorts of provisions that take effect between now and 2027. Here’s when they kick in.  ( 27 min )
    Stocks to Watch Friday: Lululemon, Dish, AT&T, Amazon
    ↗️ Lululemon Athletica (LULU): The athletic-gear maker raised its annual outlook on sales growth in China. Shares climbed around 12%, snapping a nine-day losing streak. ↘️AT&T (T), [**Verizon (VZ)  ( 21 min )
    Possible Amazon Entry Into Wireless Services Sends Telecom Stocks Down
    No content preview
    Dollar General Blew Up Its Recession-Proof Reputation. Analysts Prefer This Retailer.
    Dollar General's lowered outlook casts a shadow on prospects for discount retailers but some analysts still see opportunities.  ( 22 min )
    Carvana Cancels $1 Billion Debt Swap as Creditors Hold Out
    (Bloomberg) -- Carvana Co. canceled a $1 billion debt swap after a group of creditors refused to exchange their notes, posing a challenge as the used car retailer attempts to rein in its debt load.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultHedge Funds at War for Top Traders Dangle $120 Million PayoutsAmazon Is in Talks to Offer Free Mobile Service t  ( 7 min )
    Insurance giant Allstate followed StateFarm in halting home insurance policies for Californians
    California’s homeowners are already bearing the brunt of devastating wildfires every summer. Now, it will be harder for them to find insurance companies willing to potentially cover the damages.  ( 8 min )
    Amid Booming Revenue Growth, Buyers Lift Smartsheet Stock Ahead Of Fiscal Q1 Report
    No content preview
    Wegmans is closing one of its largest grocery stores. Its unusual location hurt business
    The Wegmans supermarket chain is closing one of its largest and most unusual stores because it has not attracted enough business, the company said. The Natick, Massachusetts store will close on an undetermined date this summer, the Rochester, New York-based company said in a statement on Thursday. Making these decisions is never easy.  ( 6 min )
    Daily Spotlight: Unemployment Rate Rises to 3.7%
    No content preview
    Telecom Stocks Drop After Report That Amazon Might Offer Mobile Service
    Amazon.com is reportedly looking into entering mobile phone service, and telecom investors are feeling the pain. Bloomberg News reported Friday that the retailing giant has been talking with wireless carriers about offering low-cost or free mobile to Prime subscribers. Holders of traditional telec  ( 20 min )
    RPT-UPDATE 3-US telecom stocks fall on report Amazon in talks for wireless services
    Amazon.com Inc is in talks with wireless carriers Verizon Communications, T-Mobile US Inc and Dish Network Corp to offer low cost mobile services in the U.S., Bloomberg News reported on Friday. The discussions, which have been going on for six to eight weeks, have also included AT&T Inc at times, the report said, citing people familiar with the matter. Bloomberg News also said Amazon has been negotiating to get the lowest possible wholesale prices that would let it offer Prime members wireless plans for $10 a month or possibly for free.  ( 7 min )
    US telecom stocks fall on report Amazon in talks for wireless services
    Amazon.com Inc has been in talks with wireless carriers Verizon Communications, T-Mobile US Inc and Dish Network Corp to offer low cost mobile services in the U.S., a report by Bloomberg News said on Friday, citing sources familiar with the matter. Amazon.com Inc, Verizon and T-Mobile did not immediately respond to a Reuters request for comment.  ( 6 min )
    Can My Ex-Spouse Come For My Pension After the Divorce?
    A divorce is an unfortunate time in anyone's life, as it signifies the end of a likely long-term relationship and marriage. However, it's important to understand the financial ramifications of a divorce as you're going through one. So if you're … Continue reading → The post Is My Spouse Entitled to My Pension in a Divorce? appeared first on SmartAsset Blog.  ( 8 min )
    What Happens If I Lose a Vested Pension?
    Once a pension has vested, you should be entitled to keep those funds, even if you're fired. However, you aren't always entitled to all the money in your pension fund. In some cases, you might lose some, or even all, … Continue reading → The post Can You Lose a Vested Pension? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Retire at 65 with $2 Million?
    Although 65 is a conventional retirement age, reaching this point with $2 million is quite a feat. This sum can generate investment and interest income to support you well in the decades to come. However, saving this amount takes effort. … Continue reading → The post Is $2 Million Enough to Retire at 65? appeared first on SmartAsset Blog.  ( 9 min )
    Best Stocks To Buy And Watch Now: MongoDB Headlines 5 Top Tech Stocks For June 2023
    No content preview
    SentinelOne's disappointing forecast slams shares
    The stock could erase most of the 42% rise it has posted so far this year, if losses hold through regular trading. More than half of the 30 analysts covering the stock lowered their target prices, citing the longer deal cycles and waning demand from enterprise customers, who are holding back on new orders due to high inflation and rising interest rates. The median price target on the stock is now $18, which is 13% lower than its last closing price.  ( 7 min )
    Elon Musk accused of insider trading (again) to rake in $124 million from Dogecoin sales by temporarily changing Twitter logo to a Shiba Inu
    The latest amendment to a June 2022 lawsuit alleges two wallets controlled by Musk sold 1.4 billion Dogecoin when he used his social network to deliberately pump the price.  ( 8 min )
    Millennials' Top Stock Is Up 192% — And You've Never Heard Of It
    No content preview
    Stocks rise ahead of May jobs report: Stock market news today
    Stocks rose on Friday morning as investors awaited the May jobs report.  ( 7 min )
    Analyst Report: Royal Bank of Canada
    No content preview
    ChargePoint Earnings Beat Estimates but the Stock Is Falling. Here’s Why.
    The electric-vehicle charging company reported a first-quarter per-share loss of 15 cents from $130 million in sales. Wall Street was looking for a 19 cents loss from $128 million in sales.  ( 22 min )
    Technical Assessment: Bearish in the Intermediate-Term
    No content preview
    3M Heads to Trial in ‘Existential’ $143 Billion Forever-Chemicals Litigation
    (Bloomberg) -- 3M Co. faces an existential threat from lawsuits over allegedly cancer-linked “forever chemicals” that have leached into municipal water supplies, with the company’s liability possibly hitting $143 billion for cleanup alone. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultHedge Funds at War for Top Traders Dangle $120 Million PayoutsRich L  ( 9 min )
    Dow Jones Futures Rise: Jobs Report Looms As Tesla Breaks Out
    No content preview
    Daily – Vickers Top Insider Picks for 06/02/2023
    No content preview
    Daily – Vickers Top Buyers & Sellers for 06/02/2023
    No content preview
    Elon Musk convinced 19 luminary investors to help him buy Twitter. Here’s what their stakes are worth now
    Filings from Fidelity estimate that the company is worth one third what investors paid for their stakes.  ( 7 min )
    The RV Boom Is Over, But These Stocks Promise a Sweet Ride
    Sales of recreational vehicles are way off their pandemic peak, but the industry won’t be in the breakdown lane for long.  ( 28 min )
    Nvidia Is Still a ‘Buy’ on Wall Street as Analysts Race to Boost Price Targets
    Analysts have raced to boost their price targets on the chip maker’s stock after the company’s market value gained $650 billion since October.  ( 27 min )
    Apple’s new Goldman Sachs savings accounts excited savers with high interest rates—now some users are struggling to get their money out
    Some customers reportedly experienced delays in transferring funds from the savings account to another bank account.  ( 8 min )
    4 REITs to Consider–and 2 to Avoid
    Ppportunities—and risks—abound after a tough couple of years.  ( 23 min )
    4 big analyst picks: C3.ai upgraded on AI mega-trend
    Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at C3.ai, Chevron, Domino’s Pizza, and The Trade Desk. Wedbush upgraded C3.ai (NYSE:AI) to Outperform from Neutral and raised its price target to $50.00 from $24.00 following Q4 earnings, as InvestingPro reported in real time. Furthermore, Wedbush noted that the company is in a unique position to help lead the charge and monetize this looking ahead the next 12 to 18 months.  ( 7 min )
    Putin’s War Ignites Backlash Against US Dollar Across the World
    (Bloomberg) -- All around the world, a backlash is brewing against the hegemony of the US dollar.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceBillionaire Perot Warns of Real Estate Recession as Loans Dry UpApple Plans Major Retail Push With New Stores Across China, USBrazil and China recently struck a deal to settle trade in their local currencies, s  ( 11 min )
    Short sellers have lost more than $13 billion betting against these 5 AI stocks this year
    No content preview
    PwC Contracts Frozen by $191 Billion Australian Pension Fund
    (Bloomberg) -- Australia’s largest pension fund AustralianSuper has frozen all future contracts with PricewaterhouseCoopers as it assesses the fallout of the embattled accounting firm’s tax advice scandal. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultWall Street Banks Are Using AI to Rewire the World of FinanceHedge Funds at War for Top Traders Dangle  ( 6 min )
  • Open

    Dow Jones Today: Index Rallies on Jobs Strength
    The Dow moved up by more than 700 points after the Labor Department's stronger-than-expected jobs report.  ( 17 min )
    Current Account Savings Account (CASA): Definition and Formula
    A current account savings account is aimed at combining the features of savings and checking accounts to entice customers to keep their money in banks.  ( 21 min )
    Did Obamacare Make Premiums Go Up?
    A careful look at data from nonpartisan sources suggests that any increases have been modest by historical standards.  ( 21 min )
    Average Credit Card Interest Rate
    Monthly tracking report for credit card interest rates from Investopedia's database of more than 300 cards. These are the current rates as of June 2023.  ( 23 min )
    Herrick Payoff Index
    The Herrick Payoff Index tracks price, volume, and open interest to identify potential trends and reversals in futures and options contracts.  ( 20 min )
    5 Biggest Mistakes People Make With Reverse Mortgages
    Reverse mortgages can provide supplemental income for retirees. Learn the biggest mistakes to avoid with a reverse mortgage.  ( 22 min )
    What Is Social Media Optimization (SMO), and Why Is It Important?
    Social media optimization (SMO) is the use of social media networks to manage and enhance an organization’s message and online presence.  ( 21 min )
    Newly Signed Home Contracts Fell In New York Last Month
    High mortgage rates and elevated prices are keeping would-be homebuyers in New York out of the housing market.  ( 17 min )
    How Much Does It Cost To Lease a Car?
    If you’re thinking about leasing a new vehicle, here’s what you need to know about how car leases work and the fees that you can expect to pay in total.  ( 23 min )
    Top CD Rates Today, June 2, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Transfer of Physical Assets (TPA) Definition
    A transfer of physical assets (TPA) is involved when a HUD-insured loan is attached to a real estate transaction.  ( 24 min )
    Jobs Report, Debt Ceiling Vote Send Markets Higher
    Markets rose after a strong jobs report and Senate passage of the debt ceiling bill, which will avoid a government default.  ( 16 min )
    8 Inventions That Made Our Lives Easier
    These inventions in the fields of finance, healthcare, technology, food, and energy have greatly improved our standard of living.  ( 21 min )
    Warren Buffett's Best Buys
    Why the Oracle of Omaha's approach to investing has served him well over the years.  ( 24 min )
    Depository: Definition, Meaning, Types, and Examples
    A depository is a facility such as a building, office, or warehouse in which something is deposited for storage or safeguarding. Learn more about how they work.  ( 24 min )
    Dormant Account: Definition, How It Works, and Example
    A dormant account is a customer bank deposit that has seen no activity other than the posting of interest for a long period of time. Here's what happens to dormant accounts.  ( 22 min )
    What Happens If You Pay Off a Car Loan Early?
    If you pay off your car loan early, you can typically save money on the total cost of the loan as you reduce the amount of interest you pay.  ( 24 min )
    Cboe Expands Trading Reach
    Cboe Global Markets said all of its listed stocks in the U.S. and Canada can now be traded at the Cboe’s other exchanges in the U.K. and the Netherlands, and later on its Australia site.  ( 16 min )
    Potential 'Forever Chemicals' Settlement Boosts Shares of 3M
    3M shares jumped following a report of a settlement over claims of water pollution from "forever chemicals."  ( 16 min )
    4 Professional Associations for Financial Advisors
    These four professional organizations are among the most respected and well known among financial advisors.  ( 22 min )
    Credit Repair: What it is, How it Works, Services Related To
    Taking steps to improve poor credit standing is called credit repair. You can do your own credit repair, but it can be labor intensive and time consuming.  ( 23 min )
    The 10 Richest People in the World
    Learn who the top 10 billionaires in the world are and how they built their wealth.  ( 33 min )
    Construction Occupancy Protection Exposure (COPE) Definition
    Construction Occupancy Protection Exposure (COPE) is a set of risks property insurance underwriters evaluate when writing insurance policies.  ( 23 min )
    American Express Savings Account Interest Rates: June 2023
    American Express is more than just a popular credit card issuer; it offers competitive savings account rates, too. Learn more about saving money with Amex.  ( 18 min )
    Ally Bank Savings Account Interest Rates: June 2023
    A savings account is an essential part of your financial toolbox. Learn about Ally Bank savings accounts and their rates and decide if they are a fit for you.  ( 19 min )
    Cash-Strapped U.S. Treasury Auctioned Bills Maturing in One Day
    The cash-strapped U.S. Treasury today auctioned $15 billion in bills maturing in one day as it awaits a resolution to the debt-ceiling impasse.  ( 17 min )
    Edmund S. Phelps Definition
    Edmund Phelps is an American professor of political economy at Columbia University and winner of the 2006 Nobel Prize in Economics.  ( 19 min )
    Amazon May Dial Into Cellular Service. Here's What That Could Mean For You.
    Amazon is said to be considering a free or discounted mobile service for its Prime members, in a move that could impact its customers and shareholders of wireless service providers.  ( 17 min )
    Top 12 House-Hunting Mistakes & What to Look for
    If you can avoid these mistakes when house-hunting, you'll be more likely to find a home that suits both your feelings and your finances.  ( 29 min )
    Valuation Period Definition
    The valuation period is the time period during which value is determined for variable investment options.  ( 21 min )
    Check: What It Is, How Bank Checks Work, and How To Write One
    A check is a written, dated, and signed draft that contains an order directing a bank to pay a definite sum of money to a payee. Learn how checks work.  ( 25 min )
    Sovereign Default: Definition, Causes, Consequences, and Example
    Sovereign default is a failure by a government to repay its country's debts.  ( 25 min )
    Why Might Your 401(k) Be Unavailable After You Leave a Job?
    Here's why all or part of your 401(k) plan may not be accessible after your employment ends. In time, you may (or may not) receive all the funds.  ( 23 min )
    Money-Weighted Rate of Return: Definition, Formula, and Example
    A money-weighted rate of return is the rate of return that will set the present values of all cash flows equal to the value of the initial investment.  ( 22 min )
    Holding Period Return/Yield: Definition, Formula, and Example
    Holding period return is the total return received from holding an asset or portfolio of assets over a period of time, and is generally expressed as a percentage.  ( 23 min )
    Markets Jump at Midday on Jobs Report, Senate Debt Ceiling Vote
    Markets soared midday on Friday following Senate passage of the debt ceiling bill and the Labor Department's jobs report showing more jobs were added to the economy than expected last month.  ( 16 min )
    Online Shoplifting Definition
    Online shoplifting is a type of theft involving dishonest chargebacks and piracy targeting online or ecommerce merchants.  ( 18 min )
    How Operating Leverage Can Impact a Business
    Operating leverage can tell you a lot about a company and its future profitability, and the level of risk it offers to investors. Learn the pros and cons.  ( 24 min )
    MongoDB Beats Earnings and Revenue Forecasts, Says It Could Benefit from AI Boom
    MongoDB's profit and sales exceeded analysts' forecasts and CEO Dev Ittycheria said the company is well positioned to gain from the AI boom.  ( 16 min )
    Lululemon's Profit, Sales, and Outlook Jump as Sales in China Soar
    Lululemon's earnings and revenue beat estimates as sales in China soared after COVID-19 restrictions were lifted.  ( 16 min )
    Buying Hedge Definition
    A buying hedge is a transaction used by companies and investors to hedge against increases in the price of assets underlying a futures contract.  ( 19 min )
    Understanding Private Equity (PE)
    Private equity (PE) has gained a great amount of influence in today's financial marketplace. Check out what it is and how it operates.  ( 29 min )
    What Is a Bid-Ask Spread, and How Does It Work in Trading?
    A bid-ask spread is the amount by which the ask price exceeds the bid price for an asset in the market.  ( 24 min )
    Hiring Increased in May, So Did Unemployment. What's Up With That?
    A report Friday sent contradictory signals about the job market, showing the economy was both gaining and losing jobs—thanks to a quirk in the way the government gathers data.  ( 17 min )
    How to Hedge Against Inflation in 2023
    Inflation is the economic impact where the cost of goods and services rises. Learn how to hedge against inflation and mitigate the effects of inflation.  ( 25 min )
    Today's Mortgage Rates & Trends - June 2, 2023: Decline Continues
    Rates on 30-year mortgages fell for a third day in a row. They're now more than a half percent below Friday's high, and at their lowest point in two weeks.  ( 19 min )
    Speculation: Trading With High Risks, High Potential Rewards
    Speculation refers to the act of conducting a financial transaction that has substantial risk of losing value but also holds the expectation of a significant gain.  ( 24 min )
    Ways The United States Can Get Out of Debt
    Can the U.S. government tighten its belt enough to dig itself out of debt? Here are options to reduce the national debt, beyond cutting spending and raising income taxes  ( 20 min )
    Employers Added Surprisingly High 339,000 Jobs in May
    The labor market once again blew past the expectations of economists—the consensus forecast called for only 188,000 jobs to be gained, according to Wells Fargo Securities.  ( 17 min )
    How To Open and Access an Offshore Bank Account
    You can open an offshore bank account to bank in another country, but the process can be take longer. Here's how opening an offshore bank account works.  ( 26 min )
    Stock Market Down? One Thing Never to Do
    It’s better to think long term than to panic and sell stock at a low during a downturn, but you need to have a strategy for different outcomes.  ( 26 min )
    Senate Passes Debt Ceiling Deal, Averting Default Crisis
    The Senate passed a bill Thursday night, averting a looming debt crisis and potential economic disaster.  ( 16 min )
    World's Top Oil Futures Contract Adds U.S. Benchmark
    ICE's Brent crude futures contract will reflect the addition of West Texas Intermediate crude oil to the basket of North Sea oil sources it uses to assess Brent prices, the benchmark for about 80% of global oil trades.  ( 18 min )
    Real-Time Gross Settlement (RTGS): Definition & Benefits
    Real-time gross settlement is the continuous process of settling payments on an individual order basis without netting debits with credits.  ( 22 min )
    Cash Stored On Payment Apps May Not Be as Safe As You Think
    The money you have stored on a mobile payment app may be at more risk than you think if the company providing it runs into financial trouble, the government’s consumer watchdog has warned.  ( 17 min )
    5 Things to Know Before Markets Open
    The jobs report is expected to show a slowdown in hiring and the debt ceiling bill heads to the president's desk for signature. Here’s what investors need to know today.  ( 17 min )
    Risk-Weighted Assets: Definition and Place in Basel III
    Risk-weighted assets are used to determine the minimum amount of capital that must be held by a bank, by assigning risk levels to each type of asset.  ( 22 min )
    Custodian: What It Means in Banking and Finance
    A custodian bank is a financial institution that holds customers' securities in electronic or physical form to minimize the risk of theft or loss.  ( 25 min )
  • Open

    Jobs Report, Debt Ceiling Vote Send Markets Higher
    Markets rose after a strong jobs report and Senate passage of the debt ceiling bill, which will avoid a government default.  ( 1 min )
    Cboe Expands Trading Reach
    Cboe Global Markets said all of its listed stocks in the U.S. and Canada can now be traded at the Cboe’s other exchanges in the U.K. and the Netherlands, and later on its Australia site.  ( 1 min )
    Markets Jump at Midday on Jobs Report, Senate Debt Ceiling Vote
    Markets soared midday on Friday following Senate passage of the debt ceiling bill and the Labor Department's jobs report showing more jobs were added to the economy than expected last month.  ( 1 min )
    5 Things to Know Before Markets Open
    The jobs report is expected to show a slowdown in hiring and the debt ceiling bill heads to the president's desk for signature. Here’s what investors need to know today.  ( 1 min )
  • Open

    Potential 'Forever Chemicals' Settlement Boosts Shares of 3M
    3M shares jumped following a report of a settlement over claims of water pollution from "forever chemicals."  ( 1 min )
    Amazon May Dial Into Cellular Service. Here's What That Could Mean For You.
    Amazon is said to be considering a free or discounted mobile service for its Prime members, in a move that could impact its customers and shareholders of wireless service providers.  ( 1 min )
    MongoDB Beats Earnings and Revenue Forecasts, Says It Could Benefit from AI Boom
    MongoDB's profit and sales exceeded analysts' forecasts and CEO Dev Ittycheria said the company is well positioned to gain from the AI boom.  ( 1 min )
    Lululemon's Profit, Sales, and Outlook Jump as Sales in China Soar
    Lululemon's earnings and revenue beat estimates as sales in China soared after COVID-19 restrictions were lifted.  ( 1 min )
  • Open

    Oliebedrijf BP stopt als sponsor van British Museum na druk van klimaatacties
    Het Britse olie- en gasbedrijf BP en het British Museum zetten na 27 jaar een punt achter de sponsoring. Het museum maakt zich daarmee los van de fossiele industrie, wat campagnevoerders toejuichen.  ( 3 min )
    Trein van Amsterdam naar Londen is volgend jaar maandenlang uit de running
    Vanaf de zomer van 2024 rijden maandenlang geen Eurostar-treinen van Amsterdam naar Londen. Vanwege de verbouwing van Amsterdam Centraal is er geen ruimte meer voor de douane. Het kan elf maanden duren voordat de treinen weer rijden vanuit Amsterdam, schrijft staatssecretaris Vivianne Heijnen (Infrastructuur) in een Kamerbrief.  ( 3 min )
    Problemen bij ING voorbij, klanten boos vanwege zoveelste storing in korte tijd
    ING is vrijdagmiddag opnieuw door een storing getroffen. Klanten van de bank kregen geen toegang tot de app en internetbankieren. Daardoor konden zij niet bij hun bankrekening en dus geen geld overboeken. De bank meldt iets voor 17.00 uur aan NU.nl dat de problemen verholpen zijn.  ( 4 min )
    UBS-topman waarschuwt voor pijnlijke besluiten na overname Credit Suisse
    Topman Sergio Ermotti van de Zwitserse bank UBS waarschuwt voor "pijnlijke" besluiten over het schrappen van banen na de overname van branchegenoot Credit Suisse.  ( 3 min )
    Personeel moet gemakkelijker bij concurrent aan de slag kunnen
    Werknemers krijgen straks meer ruimte om hetzelfde werk bij een concurrent te doen als hun dienstverband erop zit. Op dit moment zitten ze soms ten onrechte vast door een concurrentiebeding. Dat zit de doorstroom op de arbeidsmarkt in de weg, vindt verantwoordelijk minister Karien van Gennip.  ( 5 min )
    Twijfels over uitstoot methaan en lachgas: '1,5 gradendoel mogelijk onhaalbaar'
    Terwijl landen met horten en stoten proberen hun CO2-uitstoot terug te dringen, blijft er grote onzekerheid over andere broeikasgassen. Het is onduidelijk of we de uitstoot van gassen als methaan wel genoeg kúnnen verminderen om de opwarming van de aarde te beperken tot 1,5 graden, blijkt uit nieuw onderzoek.  ( 6 min )
    Heineken haalt reclameposters weg omdat modellen minderjarig lijken
    Bierbrouwer Heineken heeft vorige week posters en digitale afbeeldingen weggehaald nadat er klachten waren over de leeftijd van de modellen. Die leken veel jonger dan 25 jaar, en dat mag niet in reclames voor alcoholische drankjes.  ( 3 min )
    Klanten van ING boos vanwege zoveelste storing in korte tijd
    ING is vrijdagmiddag opnieuw getroffen door een storing. Klanten van de bank krijgen geen toegang tot de app. Daardoor kunnen zij niet bij hun bankrekening en is het overboeken van geld onmogelijk.  ( 3 min )
    Stakingen bij VDL Nedcar houden aan: personeel legt maandag 24 uur werk neer
    De onrust onder het personeel van autofabriek VDL Nedcar in het Limburgse Born houdt aan. De werknemers leggen maandag opnieuw 24 uur lang het werk neer. Later in de week volgen meer acties.  ( 3 min )
    China boort gat van maar liefst 11 kilometer in zoektocht naar meer olie
    China gaat een gat van meer dan 11 kilometer boren in de hoop daar meer fossiele energie te vinden. Zelden in de geschiedenis is er dieper geboord en voor de Chinezen is het zelfs een record.  ( 3 min )
    Wereldwijde voedselprijzen dalen naar laagste punt in twee jaar
    Prijzen van basisvoedsel als graan, zuivel en palmolie zijn vorige maand verder gedaald. Daardoor staan ze nu op het laagste niveau sinds april 2021. Dit komt onder meer door de verlenging van de graandeal tussen Rusland en Oekraïne en een betere oogst. De lagere prijzen kunnen ertoe leiden dat we straks minder kwijt zijn in de supermarkt.  ( 4 min )
    China boort dieper dan ooit in zoektocht naar meer olie
    China gaat een gat van meer dan 11 kilometer boren in de hoop daar meer fossiele energie te vinden. Zelden in de geschiedenis is er dieper geboord en voor de Chinezen is het zelfs een record.  ( 3 min )
    Loterijen en toezichthouder ruziën over 'illegale' online spellen
    De VriendenLoterij en de Nationale Postcode Loterij hebben een dwangsom gekregen omdat ze online spellen aanbieden zonder dat ze daar de juiste vergunning voor hebben. De loterijen zijn zich van geen kwaad bewust en hebben bezwaar aangetekend.  ( 3 min )
    Met nieuwe virtualrealitybril maait Meta het gras voor de voeten van Apple weg
    Facebook-moederbedrijf Meta heeft een nieuwe virtualrealitybril (VR-bril) aangekondigd. Dankzij camera's aan de buitenzijde van de Meta Quest 3, kunnen dragers voor het eerst de echte wereld door een VR-bril bekijken. Zo kun je met de bril nu virtuele meubels en bordspellen zien.  ( 4 min )
    Wereldwijde voedselprijzen dalen nog wat verder
    Prijzen van basisvoedsel als graan, zuivel en palmolie zijn vorige maand verder gedaald. Dat komt onder meer door de verlenging van de graandeal tussen Rusland en Oekraïne en een betere oogst. De lagere prijzen kunnen ertoe leiden dat we straks minder kwijt zijn in de supermarkt.  ( 3 min )
    Amerikaanse Senaat gaat ook akkoord met verhoging schuldenplafond
    Een meerderheid van de Amerikaanse senatoren heeft donderdag voor een verhoging van het schuldenplafond van de Amerikaanse overheid gestemd. Dit voorkomt dat de Verenigde Staten voor het eerst in de geschiedenis niet meer aan zijn betalingsverplichtingen kan voldoen.  ( 3 min )

  • Open

    US hiring jumped last month. So did unemployment. Here's what that says about the economy.
    The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of strength in an economy that the Federal Reserve is desperately trying to cool. The unemployment rate rose to 3.7%, from a five-decade low of 3.4% in April. The stronger hiring demonstrates the job market's resilience after more than a year of rapid interest rate increases by the Fed. Many industries, from construction to restaurants to health care, are still adding jobs to keep up with consumer demand and restore their workforces to pre-pandemic levels.  ( 8 min )
    Dell Earnings Crush Estimates, But Mixed Guidance Pressures the Stock
    Dell beat expectations despite continues macro headwinds. The company hinted that it is feeling more upbeat on the outlook for the 2023 second half.  ( 22 min )
    These Are The 5 Best Stocks To Buy And Watch Now
    No content preview
    Electric truck maker Nikola may do reverse stock split to comply with Nasdaq rules
    Electric truck maker Nikola Corp may execute a reverse stock split if its stock does not comply with Nasdaq's minimum bid price requirements within a certain period, its chief executive Michael Lohscheller said on Thursday. A reverse stock split consolidates the number of existing shares into fewer shares. Nikola, which closed at about 57 cents on Thursday, said last week it received a delisting notice from the stock exchange.  ( 6 min )
    Broadcom CEO Predicts That Chipmaker’s Sales From AI Will Double
    (Bloomberg) -- Broadcom Inc., one of the world’s biggest chipmakers, said that artificial intelligence spending is helping fuel sales, but not enough to offset a broader post-pandemic slowdown. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsWall Street Banks Are Using AI to Rewire the World of FinanceBillionaire Perot Warns of Real Estate Recession as L  ( 7 min )
    Chevron and Other Commodity Stocks Are Cheap. Time to Buy Soon.
    The Energy Select Sector SPDR ETF is down about 16% from a multiyear peak in late 2022, and the SPDR S&P Metals & Mining ETF is down about 30%.  ( 23 min )
    Who wins if the debt ceiling plan passes? Everyone. Here's why.
    Some may hate a lot in the debt ceiling package, but economists say the plan's actually a good compromise that'll benefit everyone. Here's why.  ( 9 min )
    Broadcom Delivers Beat-And-Raise Report Thanks To Data Center Chip Growth
    No content preview
    Lululemon Stock Spikes On Strong Guidance, Earnings Beat
    No content preview
    SentinelOne Stock Crashes On Revenue Miss, Weak Revenue Outlook
    No content preview
    Tech stocks are booming in 2023 - but there are 3 specific names that investors should be paying attention to, analyst says
    No content preview
    Homeowners in these countries are facing the greatest risk of defaults from steeper mortgage payments, says IMF
    No content preview
    A Tech Mania Is Underway. Bullish Bets Are Exploding.
    Tech stocks are racing past the broader market today. Traders are rushing to play the move higher. The recent rally has been marked by heavy activity in bullish options tied to tech. Nvidia call options hit one of the highest levels on record in recent sessions, as did activity in the Technology Se  ( 21 min )
    Target could face hit from student loan payment restart, analyst warns
    Target continues to be in focus by market goers, now for a new reason.  ( 8 min )
    Apple Stock Is Near a Record High. What Could Get It There.
    Investors in the iPhone maker will be watching for any exciting business updates during the Apple's Worldwide Developers Conference next week.  ( 22 min )
    Dell Technologies Crushes First-Quarter Earnings, Sales Targets
    No content preview
    Dow Jones Rallies As Schumer Makes Debt-Ceiling Push Despite Snag; Dollar General Stock Craters
    No content preview
    Why C3.ai CEO Tom Siebel Is ‘Declaring Victory’ Despite the Stock’s Earnings Selloff
    The AI software play's shares have been fluctuating wildly. But the CEO says the path ahead looks great.  ( 22 min )
    3M, DuPont to Pay $100 Million to End Georgia Lawsuit Over Polluted Drinking Water
    (Bloomberg) -- 3M Co., DuPont de Nemours Inc. and other makers of per-and polyfluoroalkyl substances, or PFAS, have agreed to pay more than $100 million to resolve a Georgia city’s lawsuit claiming the chemicals polluted its drinking water, according to a person familiar with the matter.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceDebt-Limit Deal Pas  ( 8 min )
    Ford Motor Co sues Blue Cross Blue Shield in antitrust case over ‘astronomical’ profit
    Ford Motor Co sued Blue Cross Blue Shield Association in U.S. court on Wednesday, accusing it of a price-fixing conspiracy that caused the automaker to pay inflated costs for health insurance products for its employees. The lawsuit Ford filed in Detroit federal court accused the insurer and its regional Michigan branch of unlawfully dividing up parts of the country in a scheme to reduce competition with each other in order to drive "astronomical profits." The allegations from Ford, employing more than 170,000 workers worldwide, relate to a $2.7 billion settlement that Blue Cross Blue Shield Association and its three dozen member companies reached in 2020 with corporate and individual policy holders in Alabama federal court.  ( 7 min )
    What's Going On With Palantir Tech Stock Today
    Palantir Technologies Inc (NYSE: PLTR) stock grabbed eyeballs since its first-quarter beat and, more recently, with its collaboration with the Ukraine Ministry to support the defense and reconstruction of the country. The software company and cloud solutions provider will host its AI day on Thursday. The Thursday session volume surged to 46 million vs. the 100-day average of 51 million. However, Bear Cave slammed the software and cloud solutions provider co-founded by Peter Thiel and backed by t  ( 7 min )
    Sir Rod Stewart abandons talks to cash in on classic songs with public attack on bidder
    Sir Rod Stewart has abandoned a deal to seal his 60-year career in music by selling his song catalogue after negotiations with a controversial industry mogul turned sour.  ( 9 min )
    Breakout Watch: Tesla Stock Set To Plug Into New Buy Zone
    No content preview
    Analyst Report: Nordstrom, Inc.
    No content preview
    Analyst Report: Best Buy Co. Inc.
    No content preview
    Market Update: BBY, JWN, NEWR
    No content preview
    Vanguard fined for providing misleading account statements to its customers
    Vanguard Group, the world's largest issuer of mutual funds, was fined and censured by the Financial Industry Regulatory Authority (FINRA) for errors appearing in about 8.5 million customer account statements. FINRA, Wall Street's self-regulatory organization, said in a filing signed last month by representatives of both parties that Vanguard overstated projected yield and projected annual income for nine money market funds from November 2019 to September 2020. "From at least October 2019 to June 2021, certain VMC account statements inaccurately presented market appreciation/depreciation and investment returns," the filing said.  ( 6 min )
    Millennials have been racing ‘against the clock’ to save thousands during the student loan payment pause: ‘It feels like I’ve gotten away with something’
    The student loan pause was the first break for millennials since they graduated into the Great Recession. Now, they're bracing for payments to restart.  ( 8 min )
    Rivian May Lose Nasdaq Spot After 90% Selloff, JPMorgan Says
    (Bloomberg) -- Shares of Rivian Automotive Inc., the money-losing electric vehicle startup, may get pushed out of the Nasdaq 100 Index as early as this month after plunging more than 90% from their record high, according to JP Morgan Securities.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsWall Street Banks Are Using AI to Rewire the World of FinanceBi  ( 7 min )
    Here's Why Both Warren Buffett And Jim Cramer Love Apple Stock
    Warren Buffett and Jim Cramer are talented in their own right. One is an investing legend who has helped Berkshire Hathaway Inc. shareholders generate extraordinary returns for decades. The other is the charismatic host of “Mad Money” on CNBC who has made numerous intriguing stock picks, to the extent that there are now exchange-traded funds (ETFs) designed both in favor of and against his recommendations. If you want to follow Buffett’s coattails, you can check out Berkshire Hathaway (NYSE: BRK  ( 9 min )
    Target Is Getting Hit Hard. Now Student Loan Repayments Are Threatening the Stock.
    J.P. Morgan analyst Christopher Horvers downgraded his rating on Target to Neutral from Overweight and cut his price target.  ( 22 min )
    Supreme Court rules against union in labor dispute involving truck drivers and wet concrete
    In a dispute about the pressure that organized labor can exert during a strike, the Supreme Court ruled Thursday against unionized drivers who walked off the job with their trucks full of wet concrete. The lone dissenter in the case, Justice Ketanji Brown Jackson, said the ruling would hinder the development of labor law and “erode the right to strike." Justice Amy Coney Barrett, writing for the majority, said the union failed to take reasonable precautions to protect the company's concrete when the drivers went on strike.  ( 7 min )
    2 Chip Stocks That J.P. Morgan Says Could Dominate the Critical AI Market
    Generative AI has been a popular investment theme this year.  ( 22 min )
    Macy's, Dollar General Plunge On Results, Outlook; Target Falls After Downgrade
    No content preview
    Apple Savings Account Customers Say It’s Hard to Get Their Money Out of Goldman Sachs
    Some customers with Apple savings accounts, which are a partnership with Goldman Sachs, say it has taken weeks to withdraw money.  ( 28 min )
    A Price War Worked for Tesla. Could It Work for Boeing?
    Chief Executive Dave Calhoun explains why he isn't worried about ceding market share to rival Airbus.  ( 22 min )
    ‘Load Up,’ Says Raymond James About These 2 ‘Strong Buy’ Stocks
    The main piece of this week involved the debt ceiling deal reached by the White House and House Speaker Kevin McCarthy. The deal has passed the House and now awaits approval in the Senate for the US to avoid a default. The chances of it passing are good, says Raymond James CIO Larry Adam, who is “generally optimistic about the passage of the deal,” while also noting that the “reduction in uncertainty will be a net positive for the equity market. In any case, Adam notes that through the whole deb  ( 10 min )
    The Student-Loan Freeze Is Ending. Prepare to Pay Up.
    After a three-year pause, borrowers will have to make monthly payments again starting Aug. 30.  ( 27 min )
    Dollar General Forecast Shows Just How Much Shoppers Are Hurting
    (Bloomberg) -- In case there was any doubt, the lower-income US consumer is in full retreat.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapBillionaire Perot Warns of Real Estate Recession as Loans Dry UpDollar General Corp.’s shares plunged the most since August 2016 after the discount retailer s  ( 8 min )
    Vanguard Fined for Misleading Money-Market Fund Customers
    The money manager sent statements with incorrect information about fund yields and income, according to the Financial Industry Regulatory Authority.  ( 28 min )
    Is Salesforce stock a 'table-pounder' after earnings sell-off? Wall Street reacts.
    Salesforce has a mixed quarter, leading to some mixed responses by Wall Street  ( 10 min )
    Help! I Made too Many IRA Contributions. How Can I Fix It?
    No content preview
    Nvidia, Microsoft, and Other Tech Stocks Could Tumble. Don’t Sweat It.
    Big Tech valuations look reasonable when you factor in how quickly the powerhouse companies are growing earnings.  ( 22 min )
    Target Isn’t the Only Retailer Facing Anti-Pride Backlash
    First came Bud Light. Then Target. Now more companies are facing potential pushback from a segment of customers unhappy with their embrace of the LGBTQ community.  ( 22 min )
    Where Is the Most Lucrative Place to Put My Nest Egg Savings?
    A "nest egg" generally refers to retirement savings that you typically don't touch until you retire. It's the money you save for the future so that you have something to fall back on when you retire. Oftentimes, growing your nest … Continue reading → The post What Is a Nest Egg for Retirement? appeared first on SmartAsset Blog.  ( 10 min )
    Is $5 Million Enough to Retire Comfortably at 60?
    Retiring at 50 is a lofty goal that gives you plenty of time to pursue all the projects you couldn't get to in your career and make memories with friends and family. However, leaving the workforce 12 years before you … Continue reading → The post Is $5 Million Enough to Retire on at 50? appeared first on SmartAsset Blog.  ( 10 min )
    Friday's Jobs Report May Be A Game-Changer For The Fed, S&P 500. Here Are Four Reasons Why.
    No content preview
    Stock futures edge up as House passes debt deal: Stock market news today
    Stocks rose Thursday after the House passed a bill to extend the U.S. debt limit.  ( 8 min )
    Dow Jones Futures Fall After Strong Jobs Data; C3.ai Crashes 19% On Earnings
    No content preview
    Okta Stock Tanks. The Case Against Buying the Dip.
    J.P. Morgan downgraded its rating on the shares to Neutral from Overweight and its target price to $85 from $95.  ( 22 min )
    Dollar General Stock Plummets as Earnings Disappoint. What’s Behind the Miss.
    The retailer's first-quarter earnings of $2.34 per share were slightly shy of the $2.38 per share analysts expected.  ( 22 min )
    Tesla Quietly Increases U.S. EV Discounts; Elon Musk Doesn't Unveil New Model 3
    No content preview
    Missed Your Shot To Buy Nvidia Stock? How To Jump In Now
    No content preview
    Billionaire SPAC Kings Dragged to Court After Boom Goes Bust
    (Bloomberg) -- The unwinding of the blank-check stock frenzy, one of the hottest pandemic-era trends on Wall Street, is playing out its last act on a different stage: the courtroom. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthDebt-Limit Deal Passes the House, Easing US Default ConcernsS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapElon Musk Again World’s Richest Person as Arnault’s LVMH SinksBillionaire Perot Warns of Real Estate Recession as Loans  ( 9 min )
    How Bernard Arnault made his money
    Following Arnault’s buyout of Boussac, the billionaire fired 9,000 people working for the company, sold off most of the group’s assets (except the Dior brand), and earned the nickname “the Terminator.”  ( 8 min )
    Macy's slashes expectations for the year after a pullback by shoppers in the spring
    Macy's slashed its outlook for the entire year with sales weakening sales in the first quarter during an increasingly challenging economic environment, including stubbornly high inflation. Shares tumbled more than 10% before the opening bell Thursday and dragged other retailers down as well. Macy's reported net income of $155 billion, or 56 cents per share, far short of the 45 cents Wall Street was looking for, and a significant decline from the $286 million earned during the same period last year.  ( 6 min )
    Boeing’s CEO Doesn’t Need a New Plane. He Can Just Start a Price War.
    Chief Executive Dave Calhoun explains why he isn't worried about ceding market share to rival Airbus.  ( 22 min )
    Analyst Report: Chipotle Mexican Grill
    No content preview
    Analyst Report: Southern Company
    No content preview
    Boeing CEO 'not overly anxious' about Chinese narrowbody jet
    Boeing Co CEO Dave Calhoun downplayed speculation that China's maiden commercial flight of its domestically produced C919 narrowbody jet could foreshadow the end of the duopoly currently held by the U.S. planemaker and its European rival Airbus SE. On Sunday, China Eastern Airlines flew a C919 filled with passengers from Shanghai to Beijing - a milestone for manufacturer Commercial Aviation Corp of China (COMAC). Calhoun said the C919 is a "good airplane," but it will take a "long while" for COMAC to build the production capacity needed to meet Chinese airlines' demand.  ( 8 min )
    Daily Spotlight: June Jinx?
    No content preview
    Technical Assessment: Bearish in the Intermediate-Term
    No content preview
    Market Digest: CMG, SO, HPE
    No content preview
    OPEC+ unlikely to deepen oil supply cuts at June 4 meeting, sources say
    OPEC and its allies are unlikely to deepen supply cuts at their ministerial meeting on Sunday despite a fall in oil prices toward $70 per barrel, four sources from the alliance told Reuters. OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, pumps around 40% of the world's crude and supplies around 60% of the oil export market, meaning its policy decisions can have a major price impact. As the economic outlook worsened, several members of OPEC+ in April pledged voluntary cuts starting from May and to continue to the end of the year.  ( 8 min )
    Daily – Vickers Top Buyers & Sellers for 06/01/2023
    No content preview
    Daily – Vickers Top Insider Picks for 06/01/2023
    No content preview
    Richard Branson, billionaire founder of Virgin, shares the most useful skills for entrepreneurs
    The billionaire Virgin founder shared his top advice for budding founders.  ( 8 min )
    Analysis-US debt-ceiling deal dooms Biden's revolutionary tax plans
    U.S. President Joe Biden's 2020 campaign promise to make wealthy Americans and corporations pay more in taxes to finance a range of social priorities breathed its last gasp, at least for this presidential term, with the debt ceiling deal he struck with Republicans on Saturday. The deal to cap discretionary spending and suspend the debt ceiling contains no tax rate changes to raise revenue; it also slashes new funding Biden had allocated to the hollowed-out Internal Revenue Service.  ( 8 min )
    The AI Boom Is Not Fully Priced in These 2 Stocks; Needham Analysts See Over 40% Upside Potential
    There’s really no hiding from AI anymore. Even if you don’t work with it professionally, chances are that AI has powered your search engine use, or you’ve at least tinkered with a chatbot like ChatGPT. Beyond that, AI is behind the targeted ads that we see on social media or Google; it tracks our internet and social media use, and selects ads accordingly. What this means for the future – of computing, of statistics, of data analysis, of marketing and advertising – hasn’t yet come fully into focu  ( 11 min )
    These Stocks Are Moving the Most Today: C3.ai, Salesforce, CrowdStrike, Okta, and More.
    What's moving most in the stock market today.  ( 23 min )
    Russia’s Rupee Trap Is Adding to $147 Billion Hoard Abroad
    (Bloomberg) -- A lopsided trade relationship with India is forcing Russia to accumulate up to $1 billion each month in rupee assets that remain stranded outside the country, swelling the stockpile of capital it’s amassed abroad since the invasion of Ukraine.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthDebt-Limit Deal Passes the House, Easing US Default ConcernsS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapElon Musk Again World’s Richest Person as A  ( 9 min )
    Broadcom Is a Bellwether for Chips. Earnings Will Be Focused on AI.
    Wall Street expects revenue to grow 7% year over year in the latest quarter.  ( 22 min )
    Tech Stocks Like Microsoft and Nvidia Could Tumble. Don’t Sweat it.
    Despite a meteoric rise in recent months, the valuations of big tech stocks appear reasonable when you factor in how quickly they are growing earnings.  ( 22 min )
    Stocks Rise on China Data Surprise, Fed Pause Talk: Markets Wrap
    (Bloomberg) -- Stocks in Asia were broadly higher in choppy trading as the House passed a deal to avert US default and investors weighed the prospect of a pause in rate hikes from the Federal Reserve this month.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapDebt-Limit Deal Wins House Passage, Easing US Default ConcernsHedge Funds Are Deploying ChatGPT to Handle All the Grunt WorkElon Musk Again World’  ( 8 min )
    Here's why the $5 trillion piled up in money market funds might not flow back into the stock market
    No content preview
    Insiders Load Up on These 2 Dividend Stocks With Impressive Yields of 8% or More
    Saying ‘insider trading’ conjures up images of smoky back rooms and shady deals, but that’s only for the movies. In real life, insiders refer to corporate officers, such as CEOs, CFOs, COOs, and directors, who are responsible for running their companies profitably. They don’t take trading their own companies’ stocks lightly. While they may sell for various reasons, they only buy when they anticipate a rise in the share price. That makes the insiders’ trading moves one of the surest signs that in  ( 10 min )
    Oil falls after large surprise build in US crude stocks
    Oil prices dipped in early trade on Thursday for the third straight session after data showed an unexpected, large build in U.S. crude stocks last week, triggering fears of an oversupply amid signs of weaker Chinese demand, too. Brent crude futures for August delivery fell 40 cents, or 0.6% to $72.20 a barrel by 0023 GMT, while U.S. West Texas Intermediate crude (WTI) eased 39 cents, or 0.6%, to $67.70 a barrel. U.S. crude oil inventories rose by about 5.2 million barrels last week, according to market sources citing American Petroleum Institute figures on Wednesday.  ( 7 min )
  • Open

    Telegraphic Transfer (TT): What It Is and How It's Processed
    A telegraphic transfer (TT) is an electronic method of transferring funds used primarily for overseas wire transactions.  ( 22 min )
    Top CD Rates Today, June 1
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Iridium Definition
    Iridium is a rare and expensive corrosion-resistant metal. Discover why iridium is used in the manufacture of aircraft, spark plugs, and tech devices.  ( 20 min )
    Dow Jones Today: Debt Vote Drives Index Higher
    The Dow Jones Industrial Average moved higher by more than 0.5%, or 153 points, as investors celebrated the House of Representatives passage of the debt-ceiling bill, which now goes to the Senate.  ( 16 min )
    How the Banking Sector Impacts Our Economy
    The banking sector is an essential part of the U.S. and world economies, safeguarding assets and supplying credit to individuals and businesses.  ( 24 min )
    Fixed Interest Rate: Definition, Pros & Cons, vs. Variable Rate
    A fixed interest rate remains the same for a loan's entire term, making long-term budgeting easier. Some loans combine fixed and variable rates.  ( 23 min )
    Markets Rise as Debt Ceiling Advances in Congress
    Markets gained on Thursday, June 1, 2023 as bipartisan plan to raise the debt ceiling advances in Congress.  ( 16 min )
    Dollar General Shares Plunge as Inflation Hits Customer Spending
    Dollar General profit, sales miss estimates as inflation hits customer spending, sending shares lower.  ( 16 min )
    Section 12D-1 Definition
    Section 12D-1 and its exemptions under the Investment Company Act of 1940 provide rules and limits on how investment funds can invest in each other.  ( 20 min )
    Is the Pound Worth More Than the Dollar?
    The price of one currency compared to another is not necessarily an indication of wealth, power, or strength.  ( 26 min )
    Administrative Services Only (ASO): Definition, Pros & Cons
    Administrative services only (ASO) is an agreement that companies use when they fund their employee benefit plan but hire a vendor to administer it.  ( 22 min )
    Hormel Shares Rise as It Beats Profit Estimates
    Hormel beats profit estimates, sending shares higher.  ( 16 min )
    Construction Spending Increased in April For Second Straight Month
    April construction spending rose, though high mortgage rates are weighing down on construction of single-family homes which, ideally, should be in demand amid a lack of housing inventory.  ( 17 min )
    Forex: Should You Be Trading Trend or Range?
    In FX, it's not the price environment that decides this for you. Learn the differences to see which you prefer.  ( 22 min )
    Types of Stocks
    Understanding different stock categories can help you make better-informed investment decisions. Here are some stock types investors need to know.  ( 23 min )
    Swap Rate: What It Is, How It Works, and Types
    The swap rate is a special kind of interest rate that is utilized for the calculation of fixed payments in a derivative instrument called an interest rate swap.  ( 24 min )
    Wirehouse: What They are, Role in Economy
    A wirehouse is a term describing a full-service brokerage firm.  ( 19 min )
    Can a Creditor Seize My Retirement Savings?
    Whether a creditor can seize your retirement savings will depend on the type of account in which you are holding your money and the type of creditor.  ( 19 min )
    Student Loan Resumption Could Stifle Up To $5 Billion of Consumer Spending A Month
    When required payments on federally-held student loans resume this September, borrowers will have $5 billion a month less to spend on other things, putting stress on an economy already facing the prospect of a recession.  ( 17 min )
    EU Study Suggests Treating Crypto Assets As Securities. Is It a Win For SEC Chair Gensler?
    As the EU officially signs MiCA regulation into law, an EU Parliamentary study suggests crypto assets should be treated as securities by default. Is it vindication for SEC chair Gensler?  ( 17 min )
    Inflation-Adjusted Return: Definition, Formula, and Example
    The inflation-adjusted return is a measure that accounts for the return period's inflation rate.  ( 24 min )
    10 Questions All Financial Advisors Should Ask
    The questions financial advisors ask can help them build trust and better understand their client’s needs. Here are ten key questions to ask up front.  ( 24 min )
    World Economic Forum (WEF): Definition and History of Meeting
    The World Economic Forum (WEF) holds a yearly conference in Davos, Switzerland, for leaders in business and politics to discuss global issues.  ( 22 min )
    Winning the Lottery: Dream or Nightmare?
    Winning the lottery can be a dream come true and a nightmare. Understand the taxes and hidden costs when claiming your prize, and prepare ahead for possible missteps.  ( 28 min )
    Supreme Court Ruling Makes it Harder to Sue Over Direct Listing Stock Offerings
    A Supreme Court ruling has made it harder for investors to sue over direct listing stock offerings, potentially making them a more appealing option for companies going public.  ( 18 min )
    What You Need to Qualify for a Reverse Mortgage
    Reverse mortgages have two primary criteria—you must be at least 62 years old and you must own a significant amount of equity in your home.  ( 24 min )
    Meta Reveals New VR Headset, Preempting Announcement by Apple
    Meta Platforms Inc. unveiled its latest virtual reality (VR) headset Thursday, just days before Apple Inc. is expected to jump into the ring with its own augmented reality headset.  ( 17 min )
    Markets Up Midday on Debt Ceiling Vote, Jobs Data
    U.S. equities gained at midday on Thursday, June 1, 2023 following House passage of the debt ceiling bill.  ( 16 min )
    Tear Sheets: Definition and Examples in Finance, Vs. Prospectus
    Tear sheets are used to describe S&P's summary sheets for public companies in the days before the internet.  ( 19 min )
    Nordstrom Posts Unexpected Profit and Shares Rise
    Nordstrom reported a surprise quarterly profit and better-than-expected revenue.  ( 16 min )
    FHA's Mortgage Reduction Plan May Lower Monthly Borrower Cost Without Pricey Refinance
    Borrowers could lower their monthly mortgage payments without having to refinance at decades-high interest rates under a new proposal from the Federal Housing Authority.  ( 17 min )
    Personal Loan vs. Debt Consolidation Loan: What's the Difference?
    While a debt consolidation loan can be a personal loan, business debt consolidation loans are also available. Additionally, there are more kinds of personal loans than just debt consolidation loans.  ( 21 min )
    Salesforce Shares Fall as Customers Watch Spending
    Salesforce shares dropped after the cloud-based enterprise software provider reported higher-than-expected spending and warned of changes in customer buying behavior.  ( 16 min )
    Balance Transfer vs. Personal Loan: What's the Difference?
    Balance transfers and personal loans can help improve your finances, but they are different products. A balance transfer focuses on moving your debt from one creditor to another, usually for a lower interest rate, while a personal loan is a new debt.  ( 22 min )
    How Long Does Negative Information Stay on Your Credit Report?
    Although most negative information stays on your credit report for seven years, there are exceptions you should be aware of.  ( 24 min )
    Direct Public Offering (DPO): Definition, How It Works, Examples
    A direct public offering (DPO) is an offering where the company offers its securities directly to the public without financial intermediaries.  ( 26 min )
    Top Stocks for June 2023
    Southwestern Energy, Mirati Therapeutics, and First Solar are top US stocks Russell 3000 in June 2023 for value, growth, and momentum, respectively.  ( 23 min )
    Elon Musk Regains Title of World's Richest Person
    Elon Musk has once again become the world's richest person as a sputtering Chinese economy hurts Bernard Arnault's luxury goods empire.  ( 16 min )
    Today's Mortgage Rates & Trends - June 1, 2023: Rates Fall Again
    Rates on 30-year mortgages fell for a second day in a row, now down 36 basis points from Friday's high. All other purchase rates, except for 7/6 ARM loans, were also down.  ( 20 min )
    How Much Is Car Insurance for Teens?
    When you add a teen to your car insurance policy, you can expect to costs to rise. How much your car insurance rates will rise will depend on a number of factors.  ( 24 min )
    How the Divorce Process Works
    Divorce is hard. Here's a step-by-step look at how the divorce process works, from separations to filing the divorce petition to finalizing the judgment.  ( 24 min )
    House Passes Debt Ceiling Bill, Defusing Default Crisis
    A bill suspending the nation’s debt ceiling until 2025 is now in the hands of the Senate, a major step toward averting a government default that threatened economic catastrophe.  ( 17 min )
    What Is a Triggering Term in Advertising? Definition & Examples
    A triggering term is a word or phrase that requires the presentation of the terms of a credit agreement when used in advertising literature.  ( 22 min )
    5 Things to Know Before Markets Open
    The House sends the debt ceiling bill to the Senate and the ADP is expected to report private payroll job growth slowed in May. Here’s what investors need to know today.  ( 18 min )
    Lenders Made Fewest Home Loans Since 2000 As High Rates Stifle Mortgage Business
    The last time mortgage lenders did this little business, Bill Clinton was president, there was no such thing as an iPod, and a typical house cost $147,000.  ( 16 min )
    Credit Review: Definition, Purposes, How to Read Them
    A credit review is a periodic assessment of an individual’s financial profile, often used to determine a potential borrower's credit risk.  ( 24 min )
  • Open

    Dow Jones Today: Debt Vote Drives Index Higher
    The Dow Jones Industrial Average moved higher by more than 0.5%, or 153 points, as investors celebrated the House of Representatives passage of the debt-ceiling bill, which now goes to the Senate.  ( 1 min )
    Markets Rise as Debt Ceiling Advances in Congress
    Markets gained on Thursday, June 1, 2023 as bipartisan plan to raise the debt ceiling advances in Congress.  ( 1 min )
    Markets Up Midday on Debt Ceiling Vote, Jobs Data
    U.S. equities gained at midday on Thursday, June 1, 2023 following House passage of the debt ceiling bill.  ( 1 min )
    Nordstrom Posts Unexpected Profit and Shares Rise
    Nordstrom reported a surprise quarterly profit and better-than-expected revenue.  ( 1 min )
    5 Things to Know Before Markets Open
    The House sends the debt ceiling bill to the Senate and the ADP is expected to report private payroll job growth slowed in May. Here’s what investors need to know today.  ( 1 min )
  • Open

    Opnieuw meer schone energie gebruikt vorig jaar
    Nederlanders hebben ook in 2022 meer schone energie verbruikt dan het jaar ervoor. Vooral het gebruik van zonnepanelen zit in de lift. Biomassa is juist minder verstookt en ook het gasverbruik - dat niet duurzaam is - is flink gedaald. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    Hoe een rechter bedrijfseigenaar Sanderink buitenspel kan zetten
    Gerard Sanderink is in zeven maanden tijd bij twee van zijn bedrijven buitenspel gezet door de rechter. Hoe kan dit als de omstreden miljonair volledig eigenaar en bestuursvoorzitter van Strukton is en dat eerder van Centric was?  ( 7 min )
    Video | Bij deze bijzondere spirituele stroming zat Frits Philips (Aflevering 4)
    Sander Schimmelpenninck en Eline Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. In de vierde aflevering kijken ze naar de grote impact die Philips heeft gehad op Eindhoven. De komende weken zie je iedere donderdag vanaf 17.00 uur een nieuwe aflevering op NU.nl.  ( 3 min )
    Gokparadijs Macau draait weer op volle toeren
    De casino's van het Aziatische gokparadijs Macau draaien weer als vanouds. De omzet steeg in mei met maar liefst 366 procent tot 1,93 miljard dollar (1,8 miljard euro). Dat is het hoogste niveau sinds het begin van de coronacrisis in januari 2020.  ( 2 min )
    ECB-president Lagarde vindt inflatie nog steeds te hoog en zint op renteverhoging
    De inflatie in de eurozone is nog steeds te hoog, waardoor een strikter monetair beleid noodzakelijk is. Dat heeft president Christine Lagarde van de Europese Centrale Bank (ECB) donderdag gezegd.  ( 3 min )
    Video | Hoe de Philips-familie de wereld wilde verbeteren (Aflevering 4)
    Sander Schimmelpenninck en Eline Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. In de vierde aflevering kijken ze naar de grote impact die Philips heeft gehad op Eindhoven. De komende weken zie je iedere donderdag vanaf 17.00 uur een nieuwe aflevering op NU.nl.  ( 3 min )
    Melk, brood en eieren nog altijd flink duurder, 'maar geen reden tot paniek'
    De inflatie is afgelopen maand wéér gestegen, maar experts zien geen reden tot paniek. De dalende energiekosten en goede oogsten voorspellen dat de markt weer tot rust kan komen. Maar door vertragingen in de voedselketen betaal je in de supermarkt nog wel de volle mep.  ( 6 min )
    Bijna 12 procent meer loon voor twaalfduizend werknemers in zuivelindustrie
    Een meerderheid van de twaalfduizend werknemers in de Nederlandse zuivelindustrie gaat akkoord met de nieuwe cao. Dat betekent dat de lonen met bijna 12 procent omhooggaan en nieuwe stakingen definitief van de baan zijn.  ( 3 min )
    Gerard Sanderink ook geschorst als topman van bouwbedrijf Strukton
    Ondernemer Gerard Sanderink is langer geschorst als topman van bouwbedrijf Strukton. Rechters hebben het beheer over zijn aandelen in dat bedrijf en holdingmaatschappij Oranjewoud overgedragen aan iemand anders.  ( 2 min )
    Zelfstandige betaalt straks 225 euro voor arbeidsongeschiktheidsverzekering
    Zelfstandigen betalen straks gemiddeld 225 euro per maand voor een verplichte arbeidsongeschiktheidsverzekering. Dat verwacht minister Karien van Gennip (Sociale Zaken). Voor zelfstandigen met lagere inkomens valt de premie lager uit. Ook is het bedrag aftrekbaar van de belasting.  ( 3 min )
    NU+ | Dit wilden jullie weten over de pensioenwet: 'Hoe word ik gecompenseerd?'
    De Eerste Kamer stemde dinsdag in met de nieuwe pensioenwet. In het nieuwe stelsel wordt 1.500 miljard euro verdeeld in twintig miljoen persoonlijke pensioenpotjes. Daardoor gaat je pensioen sneller omhoog óf omlaag. Op het nieuwe pensioenstelsel werd op ons reactieplatform NUjij flink gereageerd. Veel NUjij'ers hadden hierbij de nodige vragen. Economieredacteur Thijs Rösken geeft antwoord.  ( 5 min )
    Grote ontslaggolf bij autofabriek VDL Nedcar: achttienhonderd banen weg
    Autofabriek VDL Nedcar gaat in november al een groot deel van het personeel ontslaan. Duizend werknemers en nog eens 800 uitzendkrachten die in Born in Limburg werken, moeten in het najaar vertrekken. Dat terwijl de fabriek nog tot maart 2024 MINI's maakt voor BMW.  ( 5 min )
    Meer scheepsbranden door stekkerauto's en illegale Russische boten
    Verzekeraar Allianz ziet dat er steeds meer branden zijn op schepen. Vorig jaar waren er ruim tweehonderd incidenten, het grootste aantal in tien jaar. Acht schepen gingen hierbij verloren. De oorzaak wordt onder meer gezocht in het groeiende transport van goederen met batterijen, zoals elektrische auto's.  ( 4 min )
    Zon- en windenergie groeien wereldwijd sneller dan ooit
    De wereldwijde capaciteit van duurzame energie groeit dit jaar naar verwachting met 440 gigawatt. Het is de grootste groei ooit, meldt energieagentschap IEA donderdag. Dat de groei versnelt, komt onder meer door subsidies, hoge prijzen voor fossiele energie en het dichtdraaien van de gaskraan door Rusland.  ( 4 min )
    Inflatie daalt bijna overal in Europa, maar niet in Nederland
    In bijna alle Europese landen stijgen prijzen steeds minder hard. Daarop is één uitzondering: Nederland. In ons land lopen prijzen juist weer harder op.  ( 3 min )
    Personeel distributiecentra AH stemt in met nieuwe cao: stakingen van de baan
    Het overgrote deel van de werknemers in de distributiecentra van Albert Heijn heeft ingestemd met de nieuwe cao. Stakingen zijn daarmee definitief van de baan, laten de vakbonden FNV en CNV donderdag weten.  ( 3 min )
    KPN verhoogt abonnementsprijzen met gemiddeld 3,17 euro per maand
    KPN vraagt vanaf 1 juli gemiddeld 3,17 euro meer per maand voor zijn internetpakketten. De telecomprovider verhoogt de prijs vanwege de hoog opgelopen inflatie.  ( 3 min )
    Elon Musk weer allerrijkste met net iets meer geld dan Louis Vuitton-miljardair
    Tesla-topman en Twitter-eigenaar Elon Musk is weer de rijkste persoon op aarde. Hij neemt het stokje over van Bernard Arnault, de Franse bestuurder van luxeconcern LVMH, bekend van kledingmerk Louis Vuitton en Moët & Chandon-champagne.  ( 3 min )
    Zon- en windenergie groeit wereldwijd sneller dan ooit
    De wereldwijde capaciteit van duurzame energie groeit dit jaar naar verwachting met 440 gigawatt. Het is de grootste groei ooit, meldt energieagentschap IEA donderdag. Dat de groei versnelt, komt onder meer door subsidies, hoge prijzen voor fossiele energie en het dichtdraaien van de gaskraan door Rusland.  ( 4 min )
    Amazon schikt voor 29 miljoen met toezichthouder in Amerikaanse privacyzaken
    Amazon heeft in de Verenigde Staten een schikking van omgerekend bijna 29 miljoen euro getroffen. Toezichthouder FTC had een zaak tegen het techbedrijf aangespannen. Amazon zou met zijn Ring-videodeurbellen en slimme Alexa-luidsprekers de privacy van gebruikers schenden.  ( 3 min )
    Inflatie blijkt hardnekkig, prijzen in mei harder gestegen dan in april
    Prijzen van goederen en diensten waren vorige maand 6,1 procent hoger dan een jaar eerder. Dat is een grotere stijging dan in april, toen de inflatie uitkwam op 5,2 procent. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    De ui wint steeds meer terrein in Nederland
    Vroeger werden vooral geteeld in Zeeland en Flevoland, nu is de uienteelt ook populair in andere delen van Nederland. Steeds meer boeren verbouwen uien.  ( 3 min )
    VS-parlement keurt deal schuldenplafond goed en stemt voor verhoging
    Een meerderheid in het Amerikaanse Huis van Afgevaardigden heeft gestemd voor de verhoging van het schuldenplafond van de overheid. De onlangs gesloten deal is daarmee goedgekeurd door het parlement in de Verenigde Staten.  ( 3 min )
    Robotadviseur vertelt starters welke hypotheek ze moeten nemen
    Jongeren die hun eerste huis willen kopen, kunnen de hypotheekadviseur links laten liggen en bij een robotadviseur aankloppen. Een computermodel van De Hypotheekshop zegt op basis van een algoritme welke hypotheek bij welke bank ze moeten nemen.  ( 5 min )
    Krapte op arbeidsmarkt blijft komende jaren groot
    De krapte op de arbeidsmarkt houdt de komende jaren aan. In sectoren als de zorg, ICT, techniek en het onderwijs is sprake van een structureel tekort aan personeel. Ook is er veel behoefte aan vakmensen vanuit het mbo, zoals loodgieters.  ( 5 min )
  • Open

    Hormel Shares Rise as It Beats Profit Estimates
    Hormel beats profit estimates, sending shares higher.  ( 1 min )
    Salesforce Shares Fall as Customers Watch Spending
    Salesforce shares dropped after the cloud-based enterprise software provider reported higher-than-expected spending and warned of changes in customer buying behavior.  ( 1 min )

  • Open

    C3.ai Tumbles on Underwhelming Sales Outlook After Rallying on AI Hype
    (Bloomberg) -- C3.ai Inc. plunged more than 15% in extended trading after providing a fiscal-year revenue outlook that fell short of analysts’ estimates, fueling concerns the artificial intelligence software company is not living up to the investor enthusiasm that has seen its stock price more than triple this year.Sales will increase 11% to 20% to a midpoint of $307.5 million in the fiscal year ending April 2024, the Redwood City, California-based company said Wednesday in a statement. Analysts  ( 7 min )
    Salesforce Gives Forecast for Slowing Sales Growth in Push for Profit
    (Bloomberg) -- Salesforce Inc. isn’t growing as fast as it used to while the software company shifts its focus to generating higher profits instead. Investors are concerned.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapDebt-Limit Deal Wins House Passage, Easing US Default ConcernsHedge Funds Are Deploying ChatGPT to Handle All the Grunt WorkElon Musk Again World’s Richest Person as Arnault’s LVMH SinksTh  ( 8 min )
    Investors are losing hope for a Fed pause and bracing for another interest-rate hike instead. Here's what 8 experts have predicted.
    No content preview
    Tesla Of The Sea? How EV Tech Is Revolutionizing Boating
    The electric vehicle boom isn’t just about passenger cars and trucks, it’s also about the millions of speedboats and other recreational boats  ( 18 min )
    Real estate investors are retreating from the housing market at a record pace
    No content preview
    AI Play UiPath Stock Clears Benchmark, Hits 80-Plus RS Rating
    No content preview
    AI Stock Tumbles As C3.ai's Revenue Outlook Misses Estimates
    No content preview
    Zscaler Stock Gets A Composite Rating Upgrade Day Before Earnings
    No content preview
    C3.ai stock plummets after forecast disappoints
    C3.ai shares were punished by investors on Thursday after the company failed to deliver the kind of blowout numbers recently reported by some peers in the AI race.  ( 8 min )
    C3.ai stock plummets after Q1 earnings beat expectations
    C3.ai posted better than expected fourth quarter earnings on Wednesday, but shares of the company fell more than 12% in after hours trading.  ( 8 min )
    Elon Musk rang the alarm on house prices and commercial real estate this week. Here's why he's worried about a property disaster.
    Elon Musk expects residential and commercial property values to slide as higher interest rates, recession fears, and tighter lending take their toll.  ( 7 min )
    Salesforce Earnings Rise as Margins Grow
    Amid turnaround efforts, the company lifts its margin goals for the year.  ( 26 min )
    China EV Sales Eye A Rebound. Nio Stock Rises After Hitting New Low.
    No content preview
    CrowdStrike Earnings Top Estimates, But Revenue Outlook Disappoints
    No content preview
    Chewy Stock Soars as Earnings Top Estimates
    The pet-product retailer reported a surprise profit.  ( 22 min )
    Advance Auto Parts tanks 35% after slashing guidance and dividend
    Advance Auto Parts plunged 35% after cutting the company cut its dividend and slashed its full year guidance.  ( 7 min )
    Billionaire Cliff Asness Says Recession Is a Pretty Scary Risk, but Has Been Loading Up on These 2 Stocks
    Fears of a recession causing havoc to the markets are not reserved solely to the average investor. Even some of Wall Street’s most lauded stock pickers are worried about the implications. Citing an unnerving disconnect between the current positioning of stocks and bonds – essentially, the bond market pricing in a recession while stocks appear to factor in a more optimistic outlook – billionaire Cliff Asness thinks things could get hairy if a recession comes into play. “If inflation stays sticky  ( 10 min )
    Okta Results Easily Beat Estimates. Macro Concerns Send Stock Lower.
    The identity management software company posted April quarter results that topped guidance for sales and earnings.  ( 25 min )
    Dow cuts second-quarter revenue forecast on demand, pricing woes
    Dow had previously projected revenue for the ongoing quarter in the range of $11.75 billion to $12.25 billion. At a Bernstein conference, Dow flagged that demand in China continues to be "uneven", and said it witnessed lower-than-expected demand for home appliances and building materials in April. Weaker demand in other sectors affect Dow, which sells its products such as coatings and adhesives to industries ranging from automobiles and food packaging to electronics.  ( 6 min )
    Stocks slide as debt ceiling vote looms, jobs data stays hot : Stock market news today
    US stocks closed lower Wednesday as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor vote later. Meanwhile, strong US jobs data and China’s economic woes pressured global markets.  ( 9 min )
    Elon Musk Reportedly Will Show Off New Model 3 With Tesla Stock Near Buy Point
    No content preview
    Boeing Makes Self-Driving Air Taxi Acquisition. The Stock Is Down.
    The electric, autonomous air taxi start-up is now a wholly owned subsidiary of Boeing.  ( 22 min )
    Tesla Stock Cracked $200 Again. Is It Time to Take Profits?
    The question isn't so easy to answer. A look at the auto maker's stock charts can help.  ( 22 min )
    Intel Shares Rise on Upbeat Sales Forecast
    Intel was best-performing stock in the DOW after the company said current quarter revenue would be at the high end of its guidance.  ( 16 min )
    'You Should Be Extremely Worried': Jim Rogers Warns That The Next Bear Market Will Be The 'Worst In His Lifetime,' Suggests A Bigger Crash Than 2008. Here's What He Owns Now
    Stocks have climbed in 2023 after suffering through a bear market in 2022. But according to legendary investor Jim Rogers, the next downturn could be more painful. In a recent interview with Real Vision, Rogers explained why his outlook is so bleak. “[In] 2008, we had a bear market because of too much debt,” he said. “Look out the window since 2008, debt everywhere has skyrocketed.” And that does not bode well for investors. “It’s a simple statement that the next bear market will be the worst in  ( 8 min )
    Walmart is raising wages for pharmacists, opticians in healthcare push
    Walmart is raising wages for thousands of U.S. pharmacists and optometrists, the retailer said on Wednesday, part of its broader plan to expand primary care services across the country. The Bentonville, Arkansas-based chain said about 3,700 pharmacists would get a bump in pay starting on Wednesday, bringing their total annual average pay to more than $140,000, excluding bonuses and incentives. More than 4,000 opticians will also receive fatter paychecks, with their average hourly pay rising to more than $22.50 with this investment, Walmart executives wrote in a blog post.  ( 7 min )
    Debt deal would lift pause on student loan payments. That's great news for SoFi.
    The student loan moratorium has weighed on SoFi shares for nearly two years. Investors are betting that headwind may soon be out of the way thanks to the new debt ceiling deal.  ( 8 min )
    Nvidia’s CEO just gave a graduation speech about the future of work and said that A.I. won’t steal jobs but ‘someone who’s an expert with A.I. will’
    Nvidia CEO Jensen Huang urged businesses and workers to take advantage of A.I. to “supercharge” their performance.  ( 8 min )
    Advance Auto Parts stock craters on poor earnings, persistent challenges
    Advance Auto Parts continues to struggle amid higher costs and inflationary pressures, opening a door for its competitors.  ( 14 min )
    Amazon's Ring used to spy on customers, FTC says in privacy settlement
    The U.S. Federal Trade Commission filed a lawsuit on Wednesday against Amazon.com's doorbell camera unit Ring, according to a filing with the U.S. District Court for the District of Columbia. The FTC said Ring gave employees unrestricted access to customers' sensitive video data said "as a result of this dangerously overbroad access and lax attitude toward privacy and security, employees and third-party contractors were able to view, download, and transfer customers' sensitive video data for their own purposes."  ( 5 min )
    Target Stock Falls for 9th Day After Pride Merch Backlash
    Target said on May 24 that it had removed some Pride Month-related offerings and changed its LGBTQ-friendly merchandise assortment after a backlash.  ( 22 min )
    A Wave of Defaults—and a Recession—Is ‘Imminent,’ Deutsche Bank Forecasts
    A wave of corporate defaults is looming, with the U.S. expected to be hit harder than Europe, Deutsche Bank said in a Wednesday report. Its strategists forecast that credit losses will rise steadily this year, before picking up more sharply in 2024, when they expect a recession in the U.S. "Our cy  ( 20 min )
    The Case For Buying BUD Stock After Its Bud Light-Induced Tumble
    Nielson data through May 20 shows that Bud Light volume declines are continuing to accelerate, slumping 27.2%, compared with a 25% fall the prior week.  ( 22 min )
    Nvidia, Palantir and Other AI Stocks Sell Off With C3.ai Earnings Coming Up
    Software firm C3.ai reports earnings after the close Wednesday, one day after a 33% spike in the company's share price amid an investor frenzy for artificial-intelligence stocks.  ( 22 min )
    Microsoft Stock Gets 2 New Price Targets. What’s Behind the Moves.
    The first half of the year has been bright for Microsoft—and Wall Street is paying close attention.  ( 22 min )
    Analyst Report: HP Inc
    No content preview
    Analyst Report: American Electric Power Co Inc
    No content preview
    Stocks slide amid strong jobs data, looming debt ceiling vote: Stock market news today
    US stocks traded down Wednesday as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor vote later. Meanwhile, US jobs data and China’s economic woes pressured global markets.  ( 9 min )
    Exxon shareholders soundly reject all climate-related petitions
    Exxon Mobil Corp. shareholders on Wednesday overwhelmingly supported the company's views on climate reports and strategies, rejecting proposals for report on methane, greenhouse gas reporting and oil-spill preparations by a wide margin. None of the initiative proposals received more than 36% of votes cast, according to early results at the online shareholder meeting. Results showed a lessening of support for proposals designed to strengthen oil and gas firms contributions to tackling climate change.  ( 7 min )
    Market Update: AEP, DKS, HPQ
    No content preview
    Advance Auto Parts tanks 33% after slashing guidance and dividend
    Advance Auto Parts plunges more than 30% after cutting its dividend and slashing its full year guidance.  ( 7 min )
    Sofi Shares Rise Following Tentative Debt Ceiling Deal
    SoFi Technologies shares rose amid optimism the online financial firm could benefit from a provision in the government debt ceiling agreement reinstating student loan repayments.  ( 18 min )
    Ask an Advisor: I'm 31, Make $80k Per Year and Have About $250k in Assets. Should I Switch to a Roth 401(k)?
    My company provides both a traditional and Roth 401(k) option. My question is whether I should contribute to a traditional 401(k), Roth 401(k) or a mix of both. I am 31 years old, single and live in San Francisco. My … Continue reading → The post Ask an Advisor: I'm 31, Make $80k Per Year and Have About $250k in Assets. Should I Switch to a Roth 401(k)? appeared first on SmartAsset Blog.  ( 9 min )
    Nvidia Stock Is Overbought and Due to Fall. Just Look at the Charts.
    The boom in chip maker's stock has Wall Street wondering where they will go next. Technical analysis is a good place to start figuring that out.  ( 22 min )
    Salesforce Earnings Are Coming. Can It Top the First Quarter?
    Software giant Salesforce had a blockbuster January quarter. It reports earnings for the April quarter on Wednesday, after the market closes.  ( 22 min )
    Nvidia Is the New Tesla, the ‘Dean of Valuation’ Says. It’s Time to Cash Out.
    NYU's Aswath Damodaran explains why Nvidia doesn’t belong in the trillion-dollar club.  ( 23 min )
    Tesla Just Made This Unknown Family $1.2 Billion
    A single deal with Elon Musk's Tesla Inc. propelled a little-known family to a staggering $1.2 billion fortune. Don’t Miss: Thanks to changes in federal law, anyone can invest in EV startups L&F Co. Ltd., a South Korean company that produces high-nickel cathodes for electric vehicle batteries, received a $2.9 billion order from the electric car maker, causing its share price to soar 82% in the past year. As a result, the listed holdings of Hur Jae-hong and his family, the owners of L&F, have sur  ( 8 min )
    Occidental Petroleum and Warren Buffett: What's Going On
    Occidental Petroleum Corp (NYSE: OXY) stock is down Wednesday as Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) ramps up its stake in the oil company. The Warren Buffett-backed conglomerate owns 24.9% of Occidental Petroleum after buying about $275 million of stock in the energy company recently, Barron's reports. The firm procured 4.66 million shares of Occidental Petroleum on Thursday, Friday, and Tuesday in the open market, bringing its total ownership to 222 million shares worth $13 bill  ( 7 min )
    Toyota to invest $2.1 billion more in N.C. battery plant, will build big SUV at factory in Kentucky
    Toyota will invest another $2.1 billion in an electric and hybrid vehicle battery factory that's under construction near Greensboro, North Carolina. The plant will supply batteries to Toyota's huge complex in Georgetown, Kentucky, which will build Toyota's first U.S.-made electric vehicle, a new SUV with three rows of seats. The plans, announced Wednesday, won't immediately create any more jobs at either the Kentucky or North Carolina factories.  ( 8 min )
    These 2 “Strong Buy” Penny Stocks Could Surge 200% (or More), Says Wedbush
    Investors are constantly looking for stocks that will yield massive returns. That being said, finding these stocks can seem like an overwhelming task. Not to mention it can be expensive. Some of the most well-known names like Amazon and Alphabet can put you out thousands of dollars for just a single share. However, snapping up stocks with strong long-term growth prospects doesn’t have to cost you your entire savings. Defined these days as stocks priced under $5 per share, the penny stocks offer  ( 10 min )
    FDIC: US bank deposits dropped by most in 39 years to start 2023
    The regulator said thousands of banks lost $472 billion in deposits during the first quarter, the biggest drop since it began collecting such data in 1984.  ( 9 min )
    US STOCKS-Wall St falls ahead of debt ceiling vote; Fed hike worries persist
    U.S. stock indexes fell on Wednesday as a deal to raise the nation's debt ceiling headed for a pivotal vote by lawmakers, while unexpectedly strong labor market data reinforced bets of another interest rate hike by the Federal Reserve. A bill to lift the $31.4 trillion U.S. debt ceiling and achieve new federal spending cuts made its way to the House of Representatives for debate on Tuesday and an expected vote on passage is due later on Wednesday.  ( 8 min )
    Not Just Bud Light: Culture Wars Hit Other Anheuser-Busch Beers
    A consumer backlash to Bud Light beer has spread to other Anheuser-Busch beers, according to a Bank of America report, further dragging down shares that have been sliding since the start of May. Bud Light sales vo  ( 21 min )
    Ex-JPMorgan executive wrote Epstein 'should not be a client' in 2011 email -deposition
    NEW YORK (Reuters) -JPMorgan Chase & Co's former general counsel Stephen Cutler wrote in a 2011 email that the late financier and sex offender Jeffrey Epstein should not be a client of the bank, according to a transcript of a deposition of Chief Executive Jamie Dimon seen by Reuters. The largest U.S. bank faces lawsuits seeking damages by women who claim that Epstein sexually abused them, and by the U.S. Virgin Islands, where the late financier had a home. Epstein was a JPMorgan client from 2000 to 2013, remaining so after pleading guilty in 2008 to a Florida state prostitution charge.  ( 7 min )
    Stocks slide with all eyes on debt-ceiling vote: Stock market news today
    US stocks opened lower Wednesday morning, as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor vote later. Meanwhile, China’s economic woes pressured global markets.  ( 8 min )
    Chevron Stock Was Just Upgraded by JPMorgan. Why Shares Are Falling Anyway.
    The analysts from J.P. Morgan upgraded Chevron's stock to Neutral after keeping it at Sell equivalent for more than a year.  ( 22 min )
    Help! My Company Forced Me to Retire. What Should I Do?
    Retirement isn't always planned. For most people, reaching retirement age means finishing a lifetime of hard work. They have saved up enough to rest and enjoy their days without a daily grind. That isn't always the case though. Occasionally someone … Continue reading → The post How to Handle a Forced Retirement appeared first on SmartAsset Blog.  ( 11 min )
    Advance Auto Parts, HP Enterprise, Twilio, and More Stock Market Movers
    AI remained in focus Wednesday, playing a role in some of the day's notable moves.  ( 23 min )
    America’s national beer could soon be Mexican as Memorial Day weekend sales drop plunges Bud Light further into crisis
    As beer drinkers walk by fully stacked shelves of Bud Light, more and more Americans are reaching for Modelo Especial following controversy over a transgender influencer.  ( 8 min )
    Dow Jones Futures Fall Ahead Of House Debt Ceiling Vote; Hot AI Stock C3.ai Dives Ahead Of Earnings
    No content preview
    Warren Buffett Is Buying More Occidental Petroleum Stock As Oil Prices Near 2023 Lows
    No content preview
    AI is about to significantly change your computer: HP CEO
    HP Inc. is plotting an AI future as sales of PCs continue to be under pressure.  ( 8 min )
    Five Stocks Turn $10,000 To $44,175 In Five Months
    No content preview
    Vaccine Fatigue Can Give Your Portfolio a Booster
    Investors have gotten too bearish on Covid-19 vaccine-makers.  ( 26 min )
    I got rich in Russia and got out in time, twice. Here’s what I learned about democracy and free markets
    Most totalitarian regimes never prosper for more than a generation or two. The parasitic behaviors of such governments eventually drain the economy.  ( 12 min )
    Twilio Stock Climbs on Report of Activist Investor Pressure
    Activist hedge fund Legion Partners has met with the board and management of the software company.  ( 22 min )
    Stock futures slide with all eyes on debt-ceiling vote: Stock market news today
    US stock futures drifted downward Wednesday morning as investors kept a watchful eye on the debt-limit deal ahead of the House floor vote. However, China’s economic woes pressured global markets.  ( 8 min )
    Advance Auto Parts cuts full-year profit guidance as costs weigh
    The company also cut its full-year sales forecast and quarterly cash dividend. "We expect the competitive dynamics we faced in the first quarter to continue, resulting in a shortfall to our 2023 expectations," Chief Executive Officer Tom Greco said in a statement.  ( 7 min )
    Jamie Dimon Says He Never Discussed Jeffrey Epstein’s Accounts at JPMorgan; Jes Staley Says Dimon Did
    Former top JPMorgan executive Jes Staley said in legal documents that he communicated with CEO Jamie Dimon about the bank’s business with convicted sex offender Jeffrey Epstein.  ( 29 min )
    Economic fears to cap oil prices below $90 through 2023: Reuters poll
    Oil prices will creep up from current levels as major producer group OPEC+ maintains restrictions on supplies, but economic headwinds will keep them below $90 a barrel this year, a Reuters poll showed on Wednesday. Most analysts expect oil to trade around the $80-level per barrel this year, with data and analytics firm Kpler noting that "macroeconomic concerns are a major driver of crude prices this year, overshadowing relatively tight fundamentals." West Texas Intermediate (WTI) U.S. crude is expected to average $79.20 a barrel in 2023, down from the previous month's $82.23 consensus.  ( 7 min )
    Move Over, Scotland. U.S. Oil Enters World’s Most Important Benchmark.
    Oil from Texas will soon be part of the calculation known as Brent crude.  ( 28 min )
    Why Yellen Doesn’t Lose Sleep Over US Borrowing That Alarms Most Americans
    (Bloomberg) -- Whether they favor debt-limit brinkmanship or not, most Americans are alarmed by the level of US government borrowing. Treasury Secretary Janet Yellen isn’t one of them.Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesTwitter Is Now Worth Just 33% of Elon Musk’s Purchase Price, Fidelity SaysMcCarthy Confident on Debt Vote Despite Hard-Line Ouster ThreatPutin Orders Tighter Defenses After Drone Strikes on MoscowJPMorgan Builds Unit for Wo  ( 8 min )
    Analyst Report: First Solar Inc
    No content preview
    Technical Assessment: Bearish in the Intermediate-Term
    No content preview
    Daily – Vickers Top Buyers & Sellers for 05/31/2023
    No content preview
    Daily – Vickers Top Insider Picks for 05/31/2023
    No content preview
    ‘Red-blooded capitalist’ Jamie Dimon defends JPMorgan’s straddling of the U.S. and China: There ‘won’t be a decoupling and the world will go on’
    JPMorgan's CEO is currently in Shanghai for a series of conferences, in his first visit to mainland China since the COVID pandemic.  ( 8 min )
    Credit Suisse bankers leaving by the hundreds every week - sources
    Hundreds of Credit Suisse's employees are resigning each week in a sign of uncertainty gripping the lender while it is being taken over by rival UBS, two people familiar with the matter said on Wednesday. Credit Suisse bankers, worried about their future are seeking safer employment at competitors, one person said. Swiss newspaper Blick reported earlier on Wednesday that each day around 150 people worldwide were resigning from Credit Suisse while one of the two people said they saw about 200 resignations a week.  ( 7 min )
    Nvidia founder Jensen Huang warns about China's resolve to build its own advanced semiconductors
    Nvidia founder and CEO Jensen Huang Jen-hsun said China's ability to catch up in chip technology should not be underrated, as the country pours massive resources into shoring up the sector amid mounting export restrictions by the US and its allies. The world's most valuable chip maker, which has been barred by Washington from selling its most advanced chips to customers in China, must "run very fast" to stay competitive, Huang told reporters at a round table at Computex Taipei, an annual technol  ( 8 min )
    Stocks Fall on China Economy Worries; Bonds Gain: Markets Wrap
    (Bloomberg) -- China’s economic mire reverberated beyond the country’s domestic markets, with Asian stocks falling along with US and European futures Wednesday.Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesPutin Orders Tighter Defenses After Drone Strikes on MoscowMcCarthy Confident on Debt Vote Despite Hard-Line Ouster ThreatStock Rally Loses Steam After AI-Fueled Euphoria: Markets WrapJPMorgan Builds Unit for World’s Richest Families in Wealth Bet  ( 9 min )
    China Manufacturing Slump Heightens Risk of ‘Downward Spiral’
    (Bloomberg) -- China’s economic recovery weakened in May as manufacturing activity continued to slump, prompting investors to dump stocks and call for more stimulus measures to boost growth.Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesPutin Orders Tighter Defenses After Drone Strikes on MoscowTwitter Is Now Worth Just 33% of Elon Musk’s Purchase Price, Fidelity SaysJPMorgan Builds Unit for World’s Richest Families in Wealth BetMcCarthy Confident on  ( 8 min )
    Here’s a Strategy to Bet on Nvidia Without Buying the Stock
    Here’s an options strategy for aggressive investors who want to harness Nvidia’s surge.  ( 22 min )
    Meet the average American millennial, who's a parent and homeowner with a net worth of $128,000 and hoping for student-debt relief
    Millennials may no longer be the economic victims of years past. While they're making up lost ground, three major hurdles still stand in their way.  ( 10 min )
    Everywhere You Look in China Are Signs of More Market Misery
    (Bloomberg) -- A key gauge of Chinese stocks was again poised to enter a bear market after flirting with the milestone Tuesday, as a weak economic recovery and tensions with the US continued to exert pressure. Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesPutin Orders Tighter Defenses After Drone Strikes on MoscowMcCarthy Confident on Debt Vote Despite Hard-Line Ouster ThreatStock Rally Loses Steam After AI-Fueled Euphoria: Markets WrapNvidia Touche  ( 6 min )
    These are the 10 best performing AI stocks so far this year
    No content preview
    Cathie Wood Says Software Stocks Are Next AI Bet After Nvidia
    (Bloomberg) -- Cathie Wood said software providers will be the next to ride on the artificial intelligence frenzy driven by Nvidia Corp.Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesPutin Orders Tighter Defenses After Drone Strikes on MoscowMcCarthy Confident on Debt Vote Despite Hard-Line Ouster ThreatStock Rally Loses Steam After AI-Fueled Euphoria: Markets WrapNvidia Touches $1 Trillion Mark After Beating Rivals to AI“We are looking to the softwa  ( 7 min )
    Summers Sees Higher Fed Interest Rates, Increased US Taxes
    (Bloomberg) -- Former Treasury Secretary Lawrence Summers sees US interest rates headed higher in the short-run and US taxes rising significantly in the longer run as the world’s biggest economy comes to grips with a persistent inflation problem and burgeoning government debt.Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesPutin Orders Tighter Defenses After Drone Strikes on MoscowMcCarthy Confident on Debt Vote Despite Hard-Line Ouster ThreatStock Ra  ( 7 min )
    Dow Jones Futures: AI Stock Goes Vertical With Earnings Due; Tesla Near Buy Point
    No content preview
    Oppenheimer Sees Over 50% Gains in These 2 Stocks — Here’s Why They Could Soar
    The shortened week kicked off with one big crisis averted for now. During the long weekend, an agreement was reached between President Biden and House Majority Leader McCarthy that should go toward resolving the debt ceiling. Oppenheimer’s Chief Investment Strategist John Stoltzfus expects a positive reaction to the progress being made to get the deal done. “In our view this portends well for the US and the markets even while it doesn’t eliminate the potential for angst near term as the agreemen  ( 10 min )
    4 reasons why the current rally in stocks could become the most hated bull market in history
    No content preview
  • Open

    Held Order Definition
    A held order is a market order that requires prompt execution for an immediate fill.  ( 18 min )
    Top CD Rates Today, May 31
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Impaired Credit: Definition, Impact, and How to Fix It
    Impaired credit refers to a deterioration in the creditworthiness of an individual, business, or other entity, reflected in a lower credit score or credit rating.  ( 23 min )
    Debt Snowball: Overview, Pros and Cons, Application
    A strategy for becoming debt-free, the debt snowball starts with paying off the smallest debt first and working up from there.  ( 22 min )
    Standby Line of Credit: Definition, Purposes, Examples
    A standby line of credit is a sum of money that a business or individual borrower can draw from as needed, either partially or in full.  ( 22 min )
    4 Ways to Build Your Credit and Your Credit Score
    Here are four simple ways to build a solid credit history and good credit score whether you're starting from scratch or trying to start over.  ( 23 min )
    Credit Report: Definition, Contents, and How to Get It for Free
    A credit report is a detailed breakdown of an individual's credit history, compiled by one of the three major credit bureaus.  ( 23 min )
    Business Credit Reports vs. Consumer Credit Reports
    Business and consumer credit reports have similar purposes: to inform prospective lenders about an applicant's creditworthiness, but they differ in some key respects.  ( 22 min )
    Re-Aging Debt: Definition, Legality, and How to Avoid It
    Re-aging debt refers to a restart of the clock on an old debt's statute of limitations, allowing the creditor or debt collector to sue the debtor.  ( 23 min )
    Lifetime Cost: Definition, Examples, and How to Calculate
    Lifetime cost is how much it costs to own a particular item, including the initial purchase price, spread over the lifetime of that item.  ( 22 min )
    Klarna: What It Is and How Its Buy Now, Pay Later Service Works
    Klarna offers "buy now, pay later" (BNPL) services allowing shoppers to make purchases from online retailers and physical stores without paying the entire amount upfront.  ( 24 min )
    Credit Reference: Definition and Examples for Loans and Rentals
    Credit references are often required by lenders and landlords. Here are three common types and how to obtain them.  ( 24 min )
    Dow Jones Today: Intel Soars While Index Dives
    The Dow Jones Industrial Average fell about 0.4%, or 134 points, ahead of a key vote in the House of Representatives to extend the U.S. debt limit.  ( 17 min )
    Today's Mortgage Rates & Trends - May 31, 2023: Rates Sink
    Rates on 30-year mortgages took a major step down, following a two-week surge. The large one-day reversal erased two days of gains, but the average remains elevated.  ( 19 min )
    Best Online Brokers for Beginners of 2023
    Want to learn how to build a diverse portfolio and invest wisely? Compare the best online brokers for beginners based on usability, pricing, customer service, and more.  ( 31 min )
    Statutory Debt Limit
    The statutory debt limit, also called the debt ceiling, is the limit to the amount that the U.S. Treasury can borrow to meet its obligations.  ( 23 min )
    Markets Fall Ahead of Key Debt Ceiling Vote
    Stocks fell on Wednesday, May 31, 2023 as investors await the outcome of a vote in the House on a bill to raise the debt ceiling and avoid default.  ( 16 min )
    Hewlett Packard Shares Sink After Enterprise Misses Sales, Guidance Estimates
    Hewlett Packard Enterprise misses sales and guidance estimates, sending shares lower.  ( 16 min )
    What Burst the Mississippi Bubble?
    The Mississippi bubble is actually more of a currency blunder than a true speculative bubble.  ( 24 min )
    Intel Shares Rise on Upbeat Sales Forecast
    Intel was best-performing stock in the DOW after the company said current quarter revenue would be at the high end of its guidance.  ( 16 min )
    What Is the Illusory Truth Effect?
    The illusory truth effect is an inclination to believe something after hearing it repeatedly, which can lead to the spread of misinformation and may be harmful to investors.  ( 23 min )
    Who is Adriana Kugler?
    If confirmed, she will be the first Latina member of the Federal Reserve's Board of Governors.  ( 22 min )
    Normalcy Bias: How It Could Affect Your Investing
    Normalcy bias is a predisposition to believe that the status quo will remain in effect, which can lead to poor investment decisions.  ( 21 min )
    What Is Maturity Transformation?
    Maturity transformation occurs when banks borrow from the short-term debt market and use those funds to extend long-term loans.  ( 23 min )
    What is the Institutional Shareholder Services?
    Institutional Shareholder Services (ISS) advises institutional investors on corporate governance issues, helping clients develop proxy voting strategies.  ( 22 min )
    What Is the Illusion of Control Bias?
    The illusion of control bias is a type of cognitive bias that causes individuals to overestimate their ability to control events that are actually uncertain.  ( 23 min )
    A History of Bitcoin Hard Forks
    Bitcoin, bitcoin cash, bitcoin gold, and other variations can be hard to keep straight.  ( 25 min )
    8 Alternatives to a Credit Card Cash Advance
    If you need cash in a hurry, your credit card probably is not the best choice. For quick cash, consider options that may be better than a costly credit card advance.  ( 24 min )
    Associate in Insurance Services (AIS) Definition
    Associate in Insurance Services (AIS) is a designation earned by insurance professionals and conferred by The Institutes.  ( 18 min )
    Mortgage Applications Fall For Third Straight Week as Rates Climb
    Low inventory, rising rates cause purchases to fall.  ( 17 min )
    Is Twitter Really Worth A Third of What It Was Before Musk Bought It?
    Twitter, now X Holdings Corp., is a private company but a Fidelity investment fund cut the valuation of its holding, implying the company is worth 33% of Musk's purchase price.  ( 17 min )
    How to Choose Homeowners Insurance
    Choosing homeowners insurance is easy as long as you know what you need, the options available, how to save money, and the best home insurance companies to choose from.  ( 23 min )
    How Much Is Homeowners Insurance?
    The average monthly home insurance premium was $1,311 in 2020. See the average home insurance costs in all 50 states and learn how to save money on your policy.  ( 23 min )
    What You Need To Know About Wildfires and Insurance
    Worried about being covered by insurance for a wildfire? Here's what you need to know about wildfire insurance.  ( 21 min )
    Modular vs. Manufactured Home Insurance
    Homeowners insurance covers the home, your personal property, and liability claims. Find out if you need a special policy to insure a modular or manufactured home.  ( 23 min )
    5 Airlines That Offer Refundable Plane Tickets
    Many airlines offer refundable and non-refundable tickets. Here is some background on refundable and non-refundable flights, plus five U.S. airlines' refund policies.  ( 23 min )
    How Not Paying Cable Bills Could Hurt Your Credit Score
    Cable and utility bills generally aren't included in your credit report or reflected in your credit score, unless your payments are seriously delinquent.  ( 22 min )
    How to Open a Compound Interest Account in 2023
    Compound interest is one of the most powerful ways to save money. By opening a compound interest account in 2023, you can save money faster by accumulating interest.  ( 26 min )
    Corridor Deductible Definition
    A corridor deductible is expenses paid by the insured in excess of coverage limits, but before the threshold at which additional coverage is available.  ( 18 min )
    Markets Down Midday Ahead of Debt Ceiling Vote
    Markets were down in midday trading on Wednesday, May 31, 2023 ahead of key vote on raising U.S. debt ceiling.  ( 16 min )
    Nvidia’s Path to $1 Trillion Came Quickly, But Wasn't the Fastest
    Meta hit the $1 trillion level most quickly, but couldn’t stay there, while Apple was the first to get there, and has kept growing.  ( 16 min )
    Resilient Labor Market Bounced Back in April As Job Openings Increased
    The job market was supposed to be cooling down—instead, it heated up in April, with the number of job openings rising, breaking a three-month downtrend.  ( 16 min )
    Sofi Shares Rise Following Tentative Debt Ceiling Deal
    SoFi Technologies shares rose amid optimism the online financial firm could benefit from a provision in the government debt ceiling agreement reinstating student loan repayments.  ( 16 min )
    Advance Auto Parts Misses Profit Estimates, Cuts Outlook and Dividend
    Advance Auto Parts posted earnings well below estimates, and reduced its full-year profit and sales guidance.  ( 16 min )
    How to Buy Dividend Stocks
    Looking to buy dividend stocks? This article provides a comprehensive guide on how to identify, evaluate, and purchase stocks that pay out regular dividends.  ( 24 min )
    Oral Contract: Definition, Example, How to Prove and Enforce
    An oral contract is a type of business agreement that is spoken, not captured in writing.  ( 20 min )
    Top 3D Printing Stocks for 2023
    Ansys, Materialise, and Faro Technologies lead the industry in revenue growth.  ( 19 min )
    What Happens If a Car Loan Is Charged Off?
    When your car loan is charged off, your credit report will take a negative hit and your car could be repossessed. Meanwhile, you will continue to owe the loan amount.  ( 22 min )
    How Much Does It Cost To Charge an EV on a Road Trip?
    The cost to charge electric vehicle (EV) on a road trip will vary based on a number of factors. Here's how to estimate how much your trip will cost.  ( 23 min )
    Top Coffee Stocks for 2023
    Dutch Bros, Starbucks, and J.M. Smucker lead the industry in revenue growth  ( 20 min )
    Customers Deceived by OneMain To Get Reimbursed By CFPB Fine
    The Consumer Financial Protection Bureau (CFPB) Wednesday fined OneMain Financial $20 million after the government watchdog discovered deceptive sales practices at the loan provider.  ( 17 min )
    How to Trade Forex
    The foreign exchange market is the largest and most liquid market in the world and is open 24 hours a day. Learn what it takes to trade the world's many currencies.  ( 29 min )
    Trading the Gold-Silver Ratio
    The gold-silver ratio describes how much silver it takes to buy an ounce of gold. It may seem arcane, but many strategies rely on trading this ratio.  ( 25 min )
    Can Nvidia's AI Bets Support a $1 Trillion Market Cap?
    Nvidia hit a $1 trillion in market cap after the company followed up its blockbuster earnings with the launch of a new supercomputer and AI partnerships, but analysts remain divided whether Nvidia shares are overpriced.  ( 17 min )
    Personal Consumption Expenditures (PCE): What It Is, Measurement
    Personal consumption expenditures is a measure of consumer spending and includes all goods and services bought by U.S. households. Learn more about PCE and how it's used.  ( 28 min )
    5 Things to Know Before Markets Open
    The House is set to vote on the debt ceiling deal and the Labor Department is expected to report fewer job openings. Here’s what investors need to know today.  ( 18 min )
  • Open

    Merendeel ExxonMobil-aandeelhouders wijst dwingende klimaataanpak af
    Het merendeel van de aandeelhouders van ExxonMobil heeft voorstellen afgewezen om het Amerikaanse olieconcern te dwingen meer te doen voor het klimaat. ExxonMobil heeft als enige van de vijf grote westerse oliemultinationals geen klimaatdoelstelling voor 2030.  ( 3 min )
    Je energiecontract opzeggen is vanaf vandaag veel duurder
    Wie wil wisselen van energieleverancier kan vanaf vandaag weleens fors duurder uit zijn. Dan gaan nieuwe regels in voor het opzeggen van vaste energiecontracten, waardoor consumenten flink de portemonnee moeten trekken. Voordeel is dat er weer verschillende vaste contracten zijn waar je uit kunt kiezen.  ( 5 min )
    Slachthuizen onder verscherpt toezicht vanwege 'structurele dierenmishandeling'
    Slachthuizen komen onder verscherpt toezicht te staan om de "structurele dierenmishandeling" in de sector tegen te gaan. Dat heeft minister Piet Adema (Landbouw, Natuur en Voedselkwaliteit) woensdag gezegd in de Tweede Kamer.  ( 3 min )
    Hard oordeel over KLM: regels voor staatssteun niet nageleefd
    KLM houdt zich niet aan voorwaarden die zijn verbonden aan de staatssteun die het bedrijf tijdens de coronacrisis kreeg, volgens de staatsagent. Het bedrijf keert alweer winstdelingen uit, geeft nog steeds belastingvoordelen aan personeel in het buitenland en piloten hebben te weinig salaris ingeleverd.  ( 5 min )
    KLM houdt zich niet aan voorwaarden voor staatssteun volgens controleur
    KLM houdt zich niet aan voorwaarden die zijn verbonden aan de staatssteun die het bedrijf tijdens de coronacrisis kreeg, volgens de staatsagent. Het bedrijf keert alweer winstdelingen uit, geeft nog steeds belastingvoordelen aan personeel in het buitenland en piloten hebben te weinig salaris ingeleverd. Dat zegt de controleur van de overheid.  ( 5 min )
    Inflatie daalt verder in Duitsland en Frankrijk, maar voedsel blijft duur
    De prijzen in Duitsland, Frankrijk, Spanje en Italië zijn in mei minder hard gestegen dan in april. De inflatie is vooral door de dalende energieprijzen afgenomen. Maar de prijzen van voedingsmiddelen zijn deze maand wel hard omhooggegaan.  ( 3 min )
    Air New Zealand wil passagiers wegen voor het instappen
    Luchtvaartmaatschappij Air New Zealand weegt sinds deze week voor vertrek passagiers op internationale vluchten. Het bedrijf wil zo het gemiddelde gewicht van de reizigers achterhalen.  ( 3 min )
    Salarissen steeds verder omhoog; gemiddeld 7 procent erbij dit jaar
    De lonen in nieuwe cao's zijn in mei gemiddeld met 7,8 procent gestegen en dat is opnieuw een historisch hoogtepunt. De loonstijging ligt daarmee boven de inflatie, die in april 5,2 procent bedroeg.  ( 3 min )
    Kosteloos geld opnemen en voldoende geldautomaten worden bij wet geregeld
    Minister Sigrid Kaag van Financiën werkt aan wetgeving om de toegang tot contant geld veilig te stellen. Deze wet gaat de huidige vrijblijvende afspraken met banken vervangen.  ( 3 min )
    Je energiecontract opzeggen is vanaf morgen veel duurder
    Wie wil wisselen van energieleverancier kan vanaf morgen weleens fors duurder uit zijn. Dan gaan nieuwe regels in voor het opzeggen van vaste energiecontracten, waardoor consumenten flink de portemonnee moeten trekken. Voordeel is dat er weer verschillende vaste contracten zijn waar je uit kunt kiezen.  ( 5 min )
    Historisch hoogtepunt voor lonen: gemiddeld met 7,8 procent omhoog in mei
    De lonen in nieuwe cao's zijn in mei gemiddeld met 7,8 procent gestegen en dat is opnieuw een historisch hoogtepunt. De loonstijging ligt daarmee boven de inflatie, die in april 5,2 procent bedroeg.  ( 3 min )
    Wat wil jij nog weten over het nieuwe pensioenstelsel? Stel hier je vragen
    Gisteravond stemde de Eerste Kamer in met de hervorming van ons pensioenstelsel. Vanaf 2028 zien de pensioenen er heel anders uit. Zo wordt 1.500 miljard euro verdeeld over individuele potjes in plaats van via een fonds. Ook gaat je pensioen sneller omhoog of omlaag. Via ons reactieplatform NUjij zijn al veel vragen over dit nieuwe stelsel gesteld. Welke vragen heb jij nog? Stel ze hier.  ( 2 min )
    Tweede Kamervoorzitter Bergkamp roept Twitter op bedreigingen aan te pakken
    Tweede Kamervoorzitter Vera Bergkamp roept Twitter op om belediging en bedreiging van Tweede Kamerleden aan te pakken. Het sturen van bedreigende en gewelddadige tweets naar Kamerleden is in veel gevallen strafbaar.  ( 3 min )
    Turkse lira zakt naar nieuw dieptepunt ten opzichte van euro en dollar
    De Turkse lira is woensdag opnieuw minder waard geworden ten opzichte van de dollar en euro vanwege zorgen over de economische koers van het land. De vraag is namelijk of president Recep Tayyip Erdogan vasthoudt aan zijn onorthodoxe beleid.  ( 3 min )
    Vragen afvuren op ChatGPT kan in Nederland nu ook via iPhone-app
    De iPhone-app van ChatGPT is nu ook in Nederland te gebruiken. Later komt de AI-chatbot ook beschikbaar voor Android-toestellen.  ( 3 min )
    Het loopt geen storm met subsidiepotje voor nieuwe elektrische auto
    Tot dusver is op ongeveer een derde van het subsidiepotje voor nieuwe elektrische auto's aanspraak gemaakt. Dat blijkt uit cijfers van de RVO, die belast is met het verlenen van subsidie op de aanschaf en lease van elektrische auto's.  ( 3 min )
    Meer mensen met hogere inkomens melden zich bij schuldhulpverlening
    Relatief meer mensen met hogere inkomens hebben vorig jaar bij de schuldhulpverlening aangeklopt. Dat komt volgens branchevereniging NVVK voornamelijk door de hoge inflatie en stijgende energiekosten.  ( 3 min )
    Gevallen techmiljardair Elizabeth Holmes zit in de gevangenis
    De voor fraude veroordeelde ondernemer Elizabeth Holmes heeft zich dinsdag bij de gevangenis in Texas gemeld. De Amerikaanse zou met haar bedrijf Theranos beleggers en klanten hebben misleid en moet voor zo'n elf jaar achter de tralies.  ( 4 min )
    Financieel stelsel is ondanks inflatie weerbaar, wel vrees voor recessie
    Ondanks de energiecrisis en omvallende buitenlandse banken staat ons financiële stelsel er volgens het Centraal Planbureau (CPB) goed voor. Ook blijven de gevolgen van dalende woningprijzen waarschijnlijk beperkt. Wel zijn jonge huizenbezitters kwetsbaar en is er een reële kans op een recessie.  ( 4 min )
    Banken gaan gerichter speuren naar witwaspraktijken
    De banken en toezichthouder De Nederlandsche Bank gaan zich in hun speurtocht naar witwaspraktijken meer richten op waar de echte risico's zitten. De Nederlandse Vereniging van Banken kan niet zeggen of dit ook betekent dat de kosten voor betaalpakketten minder hard omhooggaan.  ( 3 min )
    Fabriek ter vervanging van Gronings gas wordt 1 oktober in gebruik genomen
    De stikstofinstallatie in Zuidbroek, die op 1 april 2022 al had moeten draaien, kan vanaf 1 oktober stikstof produceren. Dat heeft een woordvoerder van Gasunie desgevraagd aan NU.nl laten weten.  ( 3 min )
    Kratje bier in de aanbieding 35 procent duurder sinds stuntverbod
    Een kratje bier in de aanbieding kostte in de eerste maanden van dit jaar gemiddeld 14,22 euro in de supermarkt. Twee jaar geleden, voordat het verboden werd te stunten met de prijs van een kratje, was dat nog 10,52 euro. Dat heeft marktonderzoeker Circana uitgezocht op verzoek van NU.nl.  ( 3 min )
    Was het stelsel echt aan vervanging toe? Vijf vragen over het nieuwe pensioen
    Het nieuwe pensioen komt eraan. Na jaren gesteggel is een hervorming van het pensioenstelsel nu ook door de Eerste Kamer. Je pensioen moet beter uitlegbaar zijn en passen bij deze tijd. Ook volgt je pensioenopbouw nadrukkelijker prestaties op de beurs. Vijf vragen over het nieuwe pensioen.  ( 8 min )
  • Open

    Dow Jones Today: Intel Soars While Index Dives
    The Dow Jones Industrial Average fell about 0.4%, or 134 points, ahead of a key vote in the House of Representatives to extend the U.S. debt limit.  ( 1 min )
    Markets Fall Ahead of Key Debt Ceiling Vote
    Stocks fell on Wednesday, May 31, 2023 as investors await the outcome of a vote in the House on a bill to raise the debt ceiling and avoid default.  ( 1 min )
    Markets Down Midday Ahead of Debt Ceiling Vote
    Markets were down in midday trading on Wednesday, May 31, 2023 ahead of key vote on raising U.S. debt ceiling.  ( 1 min )
    5 Things to Know Before Markets Open
    The House is set to vote on the debt ceiling deal and the Labor Department is expected to report fewer job openings. Here’s what investors need to know today.  ( 1 min )
    Markets Mixed on Concerns Debt Ceiling Deal Might Not Pass
    The Dow fell, the Nasdaq rose and the S&P 500 was virtually unchanged on Monday, May 30, 2023, as the debt ceiling deal goes to Congress for approval  ( 1 min )
    Dow Jones Today: Index Down on Debt Ceiling Jitters
    Hopes of a debt ceiling deal were rattled after some Republican lawmakers expressed opposition to the agreement, helping send the Dow Jones Industrial Average lower by 0.15%, or 50 points.  ( 1 min )
  • Open

    Intel Shares Rise on Upbeat Sales Forecast
    Intel was best-performing stock in the DOW after the company said current quarter revenue would be at the high end of its guidance.  ( 1 min )
    Hewlett Packard Enterprise Misses Sales and Guidance Estimates
    Hewlett Packard Enterprise misses sales and guidance estimates, sending shares lower.  ( 1 min )
    Is Twitter Really Worth A Third Of What It Was Before Musk Bought It?
    Twitter, now X Holdings Corp., is a private company but a Fidelity investment fund cut the valuation of its holding, implying the company is worth 33% of Musk's purchase price.  ( 1 min )
    Sofi Shares Rise Following Tentative Debt Ceiling Deal
    SoFi Technologies shares rose amid optimism the online financial firm could benefit from a provision in the government debt ceiling agreement reinstating student loan repayments.  ( 1 min )
    Advance Auto Parts Misses Profit Estimates, Cuts Outlook and Dividend
    Advance Auto Parts posted earnings well below estimates, and reduced its full-year profit and sales guidance.  ( 1 min )

  • Open

    Berkshire Owns About 25% of Occidental After Fresh Buys
    Berkshire Hathaway bought 4.7 million shares in recent days and now owns 222 million shares of the energy company worth $13 billion.  ( 22 min )
    Chinese tech entrepreneurs keen to 'de-China' as tensions with US soar
    Before 2019, there were few major impediments to having a Chinese company that did business in the U.S. from China. Now, some mainland China tech business owners say they need to go further and gain permanent residency or citizenship abroad to avoid the curbs on and the biases against Chinese companies in the United States.  ( 8 min )
    Russia and Saudi Arabia are at odds after a flood of Russian oil supply pushed the commodity's price below a key break-even level needed to fund Saudi projects
    Economic advisors have privately warned Saudi senior policy makers that the kingdom needs higher oil prices to fund a slew of megaprojects.  ( 8 min )
    Despite Nvidia's rally, some say the stock is actually cheaper
    NEW YORK/SAN FRANCISCO (Reuters) -Even after Nvidia Corp's blistering rally in recent days, the chip developer's valuation has actually fallen, at least by one measure widely used by analysts and investors. Nvidia now trades at around 45 times Wall Street's average earnings estimates for the next 12 months - a popular measure known as the forward price/earnings (P/E) ratio. While investors rushed to buy Nvidia's stock in recent sessions, its P/E multiple has fallen simply because Wall Street's earnings expectations for the company rose even faster than its share price.  ( 8 min )
    Prepare for more stock-market jitters after the debt-ceiling deal, Morgan Stanley warns
    No content preview
    Just 5 stocks including Nvidia account for 96% of the S&P 500’s gains this year
    The S&P's comeback this year gets only two cheers. A few big stocks are overperforming, while the rest of the market reflects the reversal of a historic earnings blowout.  ( 9 min )
    Warren Buffett and Goldman Sachs Have One Thing in Common: They Both Like These 3 Stocks
    Some people’s exploits in their chosen profession transcend beyond the industry they operate in – making them household names. It’s pretty safe to claim that even those not interested in the investing world are familiar with Warren Buffett. Buffett embodies the term ‘legendary investor’ probably more than any other and considering his decades of almost unrivalled stock picking success, it’s a thoroughly deserved epithet. For those looking to emulate a fraction of Buffett’s success, get ahead of  ( 11 min )
    HP Enterprise Stock Slides as Revenue Comes in Light
    HP Enterprise reported mixed results for the April quarter, but it sees a big opportunity ahead in the need for high-powered systems to AI models.  ( 22 min )
    HP earnings beat despite another quarterly slump in PC sales
    HP Inc. managed to beat on earnings amid a focus on managing its costs.  ( 9 min )
    Bud Light sales decline sends ABInBev shares sliding
    As beer drinkers flock away from Bud Light, investors are losing their taste for InBev stock.  ( 9 min )
    Dow Jones Leader Cisco Eyes Buy Point; AI Stock Arista Is Breaking Out Today
    No content preview
    Short seller Jim Chanos rolls his eyes at AI hype as Nvidia signals it may sell new shares to eager investors
    No content preview
    Getting rich is ‘surprisingly simple’ if you follow a 3-step strategy, says an expert on self-made wealth
    There will always be a limit to how many expenses you can cut. But there’s no limit to how much you can earn.  ( 9 min )
    What's Going On With Intel Stock Tuesday
    Intel Corp (NASDAQ: INTC) stock is up Tuesday in sympathy with Nvidia Corp's (NASDAQ: NVDA) AI-driven rally. Over the past decade, Nvidia beat Intel to become America's most valuable semiconductor company. Advanced Micro Devices, Inc (NASDAQ: AMD) stole market share while Intel struggled with repeated delays in launching new chips. Interestingly, Intel CEO Pat Gelsinger flagged severe issues regarding leadership, people, methodology, and more for the chipmaker's fall from the leading chipmaker p  ( 7 min )
    Microsoft's valuation could surge $300 billion with ChatGPT and AI set to transform its business, Wedbush says
    No content preview
    The Argus ESG Model Portfolio
    No content preview
    CHPT Stock Soars As EV Charging Network Called 'Best-In-Class' Ahead Of Earnings
    No content preview
    Analyst Report: Deere & Co.
    No content preview
    Debt Ceiling Deal Would End Freeze on Student Loan Payments. Sofi Stock Jumps.
    The debt-ceiling agreement struck over the weekend would reinstate government student loan repayments.  ( 22 min )
    Market Update: DE, PWR
    No content preview
    Can You Pass This Social Security Quiz? Nearly 7 in 10 People Struggle With These Basic Questions
    Pop quiz: True or False – Social Security retirement benefits are subject to income tax just like withdrawals from a traditional IRA account. If you answered "False," you're smarter than more than 60% of your fellow Americans nearing retirement. In … Continue reading → The post Can You Pass This Social Security Quiz? Nearly 7 in 10 People Struggle With These Basic Questions appeared first on SmartAsset Blog.  ( 8 min )
    Brazil’s Credit Card Rates Climb to 450%, a Six-Year High
    (Bloomberg) -- Brazil’s credit card interest rates soared to their highest point in six years, adding to central bankers’ concerns about worrisome levels of household debt. Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesPutin Orders Tighter Defenses After Drone Strikes on MoscowMcCarthy Confident on Debt Vote Despite Hard-Line Ouster ThreatStock Rally Loses Steam After AI-Fueled Euphoria: Markets WrapNvidia Touches $1 Trillion Mark After Beating Riva  ( 7 min )
    Beyond Nvidia: Palantir and C3.ai Stock Soar as They Expand Their Push Into AI
    The market mania for AI plays continues.  ( 23 min )
    How a Janitor Built an $8 Million Fortune Without Touching Cryptos, Stock Options or Leverage
    Ronald Reid was the last person you would expect to be a millionaire. He used safety pins to hold his old coats together and cut his own firewood well into his 90s. He drove a second-hand Toyota Yaris and resisted new purchases. His only real indulgence may have been his daily English muffin and a cup of coffee at the Brattleboro Memorial Hospital in Vermont, where a friend remembered him sitting at the exact same stool every morning. Don't Miss: Thanks to changes in federal law, anyone can inve  ( 7 min )
    ARK’s Cathie Wood Defends Missing Nvidia Rally: Tesla Is ‘Most Obvious’ AI Play
    The investor says the chip maker's stock is "priced ahead of the curve." She's playing the artificial-intelligence boom through the electric-vehicle manufacturer.  ( 23 min )
    Billionaire Charlie Munger Reveals The Reason Berkshire Hathaway Is Sitting On $88 Billion in Cash
    The S&P 500 dipped by 19% in 2022, but stocks still don’t seem cheap to Charlie Munger, Warren Buffett’s billionaire partner at Berkshire Hathaway. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families “In my whole adult life, I have never hoarded cash, waiting for better conditions,” Munger said in an interview in late 2022. “I’ve just invested in the best thing I could find.” Yet he acknowledged that Berkshire Hatha  ( 8 min )
    Tesla Model Y was the best-selling car worldwide in the first quarter
    According to a new report, Tesla scored a huge milestone on its path to ramping up global EV adoption — though the electric vehicle maker may have paid a big price for it.  ( 9 min )
    The best selling car in Q1? The Tesla Model Y.
    According to a new report - Tesla scored a huge milestone on its path to ramping up global EV adoption - though the electric vehicle maker may have paid a big price for it.  ( 8 min )
    Is Verizon A Buy With Consumer Rebound Still A Work In Progress?
    No content preview
    What's Going On With Qualcomm Stock Tuesday
    Qualcomm Inc (NASDAQ: QCOM) stock traded higher Tuesday in sympathy with Nvidia Corp (NASDAQ: NVDA), buoyed by the AI rally. The leading smartphone processor maker described transitioning into an "intelligent edge computing" firm, said SVP Alex Katouzian at the Computex show in Taipei. It is betting on the AI frenzy calling for more computing power than the cloud alone can provide, especially when personal information is at stake, Bloomberg reports. Qualcomm, whose chips help smartphones harness  ( 7 min )
    Alibaba Stake Boosted: Hedge Fund Titans Go Shopping While Asia Peers Bow Out
    Michael Burry's bullish bets on stocks, including Alibaba Group Holding Limited (NYSE: BABA), followed stake boosts by other top hedge funds, including Moore Capital Management and Third Point LLC, in the first quarter. Asia-based firms, including Simon Sadler's Segantii Capital Management Ltd. and Alpine Investment Management Ltd., accounted for nearly half of Alibaba ADRs offloaded by the quarter's top 10 most prominent hedge fund sellers, Bloomberg cites 13F filings. The sole Asia-headquarter  ( 7 min )
    U.S. Crude Dips Below $70 Ahead of OPEC+ Meeting
    U.S. crude dipped below $70 a barrel for the first time in two weeks ahead of an OPEC+ meeting at which major producers will debate whether to cut output to bolster oil prices. Comments by officials in member states suggest the cartel is likely to stick with current cuts instead of deepening them,  ( 26 min )
    Cathie Wood calls Nvidia stock 'overpriced' after missing 2023 rally
    With the Nasdaq now up more than 2.5% in the last five days, Wood argues there are going to be other winners in the AI space outside of Nvidia.  ( 8 min )
    Is Google Stock A Buy Amid Artificial Intelligence Battle?
    No content preview
    Nvidia touches $1 trillion market cap as chipmaker rides AI wave
    Nvidia has been on tear this year thanks to the tech industry's AI craze. The company's market cap hit $1 trillion on Tuesday.  ( 7 min )
    Plug Power plans $6 bln hydrogen projects in Finland
    Plug Power Inc, a U.S. maker of hydrogen fuel systems, said on Tuesday it aims to build three plants in Finland costing some $6 billion to produce green hydrogen and ammonia for the European market. The company said it was in talks with potential financial investors and debt providers and aims to find industrial partners to secure offtake for its planned production ahead of a final investment decision in 2025 or 2026. Plug had spent two years searching around the world for the right locations, CEO Andy Marsh told Reuters on the sidelines of a presentation in Helsinki.  ( 7 min )
    Seeking at Least 15% Dividend Yield? Raymond James Suggests 2 Dividend Stocks to Buy
    No content preview
    EUR/USD Forecast – Euro Bounces From Trend Line
    The euro initially plunged below a major trend line in the 200-Day EMA, only to turn around and show signs of life.  ( 7 min )
    How You Can Protect My Parents' Assets From Nursing Homes
    Long-term care for seniors is one of the biggest gaps in America's safety net. For many of us, as we get older we will require longer and better care. In some cases, this can mean a health aide or other … Continue reading → The post How to Protect Your Parents' Assets From Nursing Homes appeared first on SmartAsset Blog.  ( 9 min )
    How You Can Retire Comfortably at 65 With $4 Million
    Is $4 million enough to retire at 65? For most people, the answer is yes. But there are a lot of considerations and a good deal of planning to retire, regardless of how much you've saved. Everyone has different needs when … Continue reading → The post How to Retire at 65 With $4 Million appeared first on SmartAsset Blog.  ( 9 min )
    Is $4 Million Enough to Retire Comfortably on at 55?
    A $4 million nest egg will likely allow you to retire comfortably at age 55. The major challenge will be accumulating that much capital by 55 – about a decade before most people stop working. Other issues include the need to … Continue reading → The post Is $4 Million Enough to Retire on at 55? appeared first on SmartAsset Blog.  ( 8 min )
    AI Stock Breaks Out Ahead Of Earnings; Is AI Stock A Buy Now?
    No content preview
    The 'Magnificent Seven' tech stocks drive markets higher as AI mania grips investors
    AI hype is in full bloom in the US stock market. And the biggest names in the market are doing the heavy lifting pushing stocks higher.  ( 9 min )
    Broadcom’s AI Chip Deals Excite Wall Street. It’s About More Than Apple.
    KeyBanc Capital Markets analyst John Vinh raised his price target on the company ahead of its earnings this week.  ( 23 min )
    Buy Ford Stock, Says Analyst. The Gap Is an Opportunity.
    Ford stock got upgraded to Buy from hold by Jefferies analyst Philippe Houchois Tuesday. His price target went to $16 from $13 a share.  ( 22 min )
    Weekly Stock List
    No content preview
    How Follow-On Buy Points Gave Additional Chances To Buy PayPal During Its 100% Run
    No content preview
    With the debt ceiling over, here's the next problem for investors: Morning Brief
    The gaze of investors now turns to what the Federal Reserve may do in a few short weeks.  ( 8 min )
    Office Owners Dump Lesser Buildings for Whatever They Can Get
    New York City developers are starting to unload lower-quality buildings at deep discounts, cracking open a frozen real-estate market.  ( 22 min )
    Stock futures rise as debt deal faces next hurdle: Stock market news today
    US stock futures were tentatively higher on Tuesday morning, kicking off a shortened trading week amid hopes the hard-won deal-ceiling deal would get through a divided Congress in a matter of days.  ( 8 min )
    Analyst Report: Toll Brothers Inc.
    No content preview
    Analyst Report: Emerson Electric Co.
    No content preview
    Market Digest: ADSK, BSX, COST, EMR, LLY, TOL
    No content preview
    5 Things to Know Before Markets Open
    Political leaders in Washington urge lawmakers to pass the debt ceiling deal and Nvidia releases a new line of AI-focused products as the company approaches a market valuation of $1 trillion. Here’s what investors need to know today.  ( 18 min )
    Canary Wharf Debt Downgrade Is Sign of Wider Property Woes
    No content preview
    Daily – Vickers Top Buyers & Sellers for 05/30/2023
    No content preview
    Daily – Vickers Top Insider Picks for 05/30/2023
    No content preview
    How Pfizer's First-Ever Approach In Hemophilia Treatment Paid Off
    No content preview
    A 'Big Short' investor who called the 2008 housing-market collapse warns about another big threat to home prices
    Dave Burt told CNBC that the market is in for a 2008-level price correction if lenders don't start weighing the risk flooding poses to home values.  ( 6 min )
    State Farm has stopped insuring Californian homes because of their "catastrophe exposure"
    State Farm, the largest property insurer in the US, will no longer accept new applications for home insurance in California, citing the risks of apocalyptic wildfires as well as the exorbitant costs of construction.  ( 7 min )
    T. Rowe Price adding five more ETFs as demand for funds grows
    Tim Coyne, T. Rowe Price's global head of ETFs, said the company is expanding its exchange-traded fund offerings to better go after millennials.  ( 15 min )
    Stocks to Watch Tuesday: Tesla, Nvidia, AMD, Intel
    ↗️ Nvidia (NVDA), AMD (AMD), Intel (INTC) and Marvell Technology (MRVL): The chipmakers' stocks a  ( 20 min )
    The Money Doctor who has slayed inflation for 50 years says the Fed has overcorrected so badly they’re hastening the long-feared recession
    The Fed's monetary squeeze "is aimed at a problem that’s over, and the effect from here will be to hammer consumer demand and economic growth," predicts Steve Hanke of Johns Hopkins.  ( 13 min )
    The return-to-office wars could end in a stalemate as we all reach the same conclusion about what the flexible future of work means
    No content preview
    Nvidia set to become first US chipmaker valued at over $1 trillion
    Meta, valued at about $670 billion as of last close, clinched the trillion-dollar market capitalization milestone in 2021, while Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com Inc are the other U.S. companies that are part of the club. AI took center stage after Nvidia stunned investors with a revenue forecast that surpassed analysts' expectations by more than 50%. The Philadelphia SE Semiconductor index closed at its highest in over a year last week after Nvidia's stellar results powered other chipmakers higher.  ( 6 min )
    Russians Relearn Black-Market Tricks to Get Their Money Out
    Outflows have kept up the pace this year, fueled by a deteriorating economy and the departure of men avoiding conscription.  ( 28 min )
    Tech booster Cathie Wood can’t stomach Nvidia’s soaring shares: they’re ‘priced ahead of the curve’
    No content preview
    Qualcomm Says AI Will Demand More Power Than Just the Cloud
    No content preview
    These Stocks Are Moving the Most Today: Nvidia, C3.ai, Palantir, Nutanix, Iovance Biotherapeutics, and More
    Stock futures were higher Monday after a deal was agreed to extend the U.S. debt ceiling for two years over the Memorial Day weekend.  ( 23 min )
    Russian rouble falls to one-month low as drones attack Moscow
    The rouble fell to a more than one-month low against the dollar on Tuesday as drones attacked Moscow and the Russian currency lost the support of a favourable tax period. Ukraine launched one of its biggest drone attacks on Moscow, according to Russia, whose defence ministry said all were destroyed approaching the city. Kyiv had no immediate comment, but has not publicly acknowledged launching attacks against targets inside Russia.  ( 6 min )
    5 big analyst picks: Ford and Coinbase riding high on upgrades
    Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades for Ford, Coinbase, Constellation Brands, Equitrans Midstream , and Boston Beer. Ford (NYSE:F) shares climbed nearly 3% pre-market today after Jefferies upgraded the company to Buy from Hold and raised its price target to $16.00 from $13.00, as InvestingPro reported in real time.  ( 7 min )
    A 24-year-old stock trader who made over $8 million in 2 years shares the 4 indicators he uses as his guides to buy and sell
    No content preview
    Citigroup: cheap or hopeless?
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Marketmind: Too soon to drink to the US debt deal
    No content preview
    China’s Fading Recovery Reveals Deeper Economic Struggles
    Ballooning debt, tepid consumption and worsening relations with the West are set to weigh on future growth, economists say.  ( 28 min )
    Company Insiders Made Billions Before SPAC Bust
    Executives and early investors sold shares worth $22 billion through well-timed trades, profiting before share prices collapsed.  ( 31 min )
    Europe’s Unwanted Coal Heads to China and India as Heat Builds
    (Bloomberg) -- Coal cargoes unwanted in Europe are heading to Asia, where utilities are stockpiling the fuel amid sweltering temperatures heading into the summer.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyManchin Gets Mountain Valley Pipeline Deal Into Debt BillDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapMcCarthy Won the Debt-Limit Deal. Biden Did, Too.Traders Ready to Embrace Riskier Assets After Debt-Cap Deal  ( 7 min )
    China Stock Gauge Slumps 20% From 2023 Peak as Pessimism Abounds
    (Bloomberg) -- A key gauge of Chinese stocks was on track to enter a bear market as a weak economic recovery and tensions with the US left traders with little reason to buy. Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyManchin Gets Mountain Valley Pipeline Deal Into Debt BillDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapMcCarthy Won the Debt-Limit Deal. Biden Did, Too.Traders Ready to Embrace Riskier Assets After D  ( 7 min )
    Gold prices hover near 2-month low as US debt deal weighs
    Gold prices traded in a narrow range on Tuesday, hovering close to a recent two-month low, as optimism over a U.S. debt ceiling deal and reduced bets for a pause in the Federal Reserve's rate hike policy in June dented the metal's appeal. U.S. President Joe Biden said on Monday he feels good about prospects for passage by Congress of the debt ceiling deal that he reached with House of Representatives Speaker Kevin McCarthy. The high volatility events such as the U.S. regional banking crisis, and whether or not an agreement would be reached on raising the U.S. debt ceiling are now passing, "reducing the markets interest in gold as investors seek alpha," Michael Langford, director at corporate advisory AirGuide said.  ( 7 min )
    Too Rich for Cathie Wood, Nvidia Shares Stretch Valuation Limits
    (Bloomberg) -- It’s not every day that Cathie Wood labels a stock-market darling of the innovation economy too expensive.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyManchin Gets Mountain Valley Pipeline Deal Into Debt BillDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapMcCarthy Won the Debt-Limit Deal. Biden Did, Too.Traders Ready to Embrace Riskier Assets After Debt-Cap DealBut Nvidia Corp.’s outsized jump has prom  ( 8 min )
    Asian stocks mostly higher as US debt deal revives confidence
    Asian stocks were mostly higher on Tuesday as investors cheered the prospect that the world's largest economy will avert a major debt default, improving sentiment across most asset classes. Australian shares were up 0.03% while the Nikkei stock index slipped 0.28%, cooling a bit after the Japanese benchmark hit a 33-year high on optimism over the U.S debt deal and a weaker yen, which helps the country's exporters. "The U.S had a poor resolution to the debt ceiling negotiations with still a huge increase in government debt and no real cuts to spending but has relieved pressure for now," said James Rosenberg, an advisor at broker Ord Minnett in Sydney.  ( 8 min )
    Oil rises on U.S. debt deal, but rate hikes, OPEC+ talks curb enthusiasm
    Oil prices rose on Tuesday as the expectations the debt ceiling deal in U.S., the world's biggest oil user, will spur more demand but fears of further interest rate rises and that OPEC+ will leave output quotas unchanged capped gains. U.S. West Texas Intermediate (WTI) crude rose 53 cents to $73.20 a barrel, up 0.7% from Friday's close. There was no settlement on Monday because of a U.S. public holiday.  ( 7 min )
    Treasuries, US Stock Futures Reflect Debt Progress: Markets Wrap
    (Bloomberg) -- Asian equities were poised for a cautious open Tuesday as White House and Republican congressional leaders stepped up lobbying to ensure Congress passes a debt-accord to head off a US default.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-Cap DealBide  ( 8 min )
    Arm Chief Pitches Chip Designer as AI Play in Buildup to IPO
    (Bloomberg) -- Semiconductor designer Arm Ltd. has found its calling card for the rest of the year as it builds toward a much-anticipated initial public offering: artificial intelligence.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-Cap DealBiden, McCarthy Forge De  ( 7 min )
    Cathie Wood says Nvidia too expensive, Tesla to benefit from AI boom
    Investing.com -- Cathie Wood, manager of the ARK Innovation exchange-traded fund (NYSE:ARKK), said on late-Monday that recent stock market darling Nvidia Corporation (NASDAQ:NVDA) was priced “ahead of the curve,” and that Tesla Inc (NASDAQ:TSLA) was positioned to benefit from recent breakthroughs in artificial intelligence.  ( 7 min )
    Treasury Bills Climb as Traders Bet Congress Will Pass Debt Deal
    (Bloomberg) -- Soon-to-mature Treasury bills rallied as trading resumed after the Memorial Day holiday, following a tentative deal over the debt ceiling which eased concerns of a US default. Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-Cap DealBiden, McCarthy Forg  ( 7 min )
    The reason the stock market has stayed relatively stable amid economic chaos: computer-driven trading
    Quant funds, which use computer models to trade, are helping calm the markets at a time of uncertainty.  ( 8 min )
    Big Tech Rally Will Only Grow Further as Recession Worries Reign, Investors Say
    (Bloomberg) -- The Big Tech rally of this year has further to run as the risk of a US recession drives investors into stocks that offer profitable growth in lean times, according to the latest Markets Live Pulse survey.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-  ( 8 min )
  • Open

    Phi Ellipses Definition and Uses
    Phi ellipses is a little-known trading tool, drawn by a computer or trading software, used to detect price patterns, trends, and possible reversals.  ( 20 min )
    Birake (BIR) Definition
    Birake (BIR) is a cryptocurrency exchange platform that bills itself as the first "white label" cryptocurrency exchange. It appears not to have gained much support.  ( 22 min )
    The New York City Economy Tracker
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 20 min )
    Personal Loan Rates & Trends, Week of May 29: Rates Ease
    Personal loan rates eased this week, lowering the overall average by 34 basis points and dipping back below 21%  ( 17 min )
    The New York City Economic Tracker: May 8, 2023
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics. areas of New York's housing, tourism, leisure and hospitality metrics.  ( 20 min )
    What Happens After You Refinance a Car Loan?
    Refinancing a car loan can lower your interest rate and monthly payment, adjust your repayment term, or even allow you to access some of the equity.  ( 22 min )
    How Many Car Loans Can You Have?
    There is no limit to how many car loans you can have at one time. However, it might be difficult to qualify for more than one, depending on your financial situation.  ( 22 min )
    Top CD Rates Today, May 30
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    How Long After Bankruptcy Can I Get a Car Loan?
    Getting a car loan after bankruptcy isn't impossible, but it may take some time for your credit to improve enough to qualify for auto financing. Here's what you need to know.  ( 24 min )
    Consumer Confidence Index (CCI): Definition and What It Indicates
    The Consumer Confidence Index is a survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation.  ( 23 min )
    How Long Are Car Loans?
    The average length of a car loan is 72 months, which is six years. However, the length of car loans can vary from as short as 12 months to as long as 96 months.  ( 21 min )
    Loan-Level Price Adjustment (LLPA) Definition
    A loan-level pricing adjustment (LLPA) is a risk-based fee assessed to mortgage borrowers using a conventional mortgage. Learn how it works.  ( 21 min )
    Dow Jones Today: Index Down on Debt Ceiling Jitters
    Hopes of a debt ceiling deal were rattled after some Republican lawmakers expressed opposition to the agreement, helping send the Dow Jones Industrial Average lower by 0.15%, or 50 points.  ( 16 min )
    Is Living in Europe Cheaper Than Living in America?
    Discover the benefits of living in Europe and whether living there rather than the United States makes financial sense.  ( 20 min )
    Markets Mixed on Concerns Debt Ceiling Deal Might Not Pass House
    The Dow fell, the Nasdaq rose and the S&P 500 was virtually unchanged on Monday, May 30, 2023, as the debt ceiling deal goes to Congress for approval  ( 16 min )
    How To Open an IRA in 2023
    Saving for retirement is crucial for financial stability and one of the best ways to do that is with an IRA. Learn how to open an IRA and start saving for retirement.  ( 26 min )
    GDP Per Capita Defined: Applications and Highest Per Country
    GDP per capitais a metric that breaks down a country's GDP per person and is calculated by dividing the GDP of a country by its population.  ( 24 min )
    Memorial Day Holiday Weekend Air Travel Exceeds Pre-Pandemic Level
    Airports had more passengers over the Memorial Day holiday weekend than before the COVID-19 pandemic.  ( 16 min )
    Debt Ceiling Deal: What Each Side Got
    Neither Democrats or Republicans got their most ambitious proposals, but each side came away with provisions that they're spinning as victories.  ( 18 min )
    Consumer Confidence Drops on Pessimism Over Current Conditions
    The Conference Board's index of consumer confidence fell in May, although not as much as economists expected.  ( 16 min )
    High-Net-Worth Individual (HNWI): Criteria and Example
    "High-net-worth individual" (HNWI) is a financial industry classification for a person with liquid assets above a certain figure. The minimum used is often $1 million.  ( 24 min )
    How to Trade Options on Robinhood
    Robinhood’s commission-free trading and easy-to-use platform have disrupted the brokerage industry. Come learn how to trade options on this groundbreaking platform.  ( 21 min )
    Actively Managed ETF: Meaning, Overview, Limitations
    An active managed ETF is a form of exchange-traded fund that has a manager or team making decisions on the underlying portfolio allocation.  ( 22 min )
    What Is a No-Doc Business Loan And Is One Right for Your Business?
    A no-doc business loan can be a quick way for business owners to secure financing that they may not be able to access through a traditional bank loan.  ( 23 min )
    What Real Gross Domestic Product (Real GDP) Is, How to Calculate It, vs Nominal
    Real gross domestic product is an inflation-adjusted measure of the value of all goods and services produced in an economy.  ( 29 min )
    How to Store Cryptocurrency in 2023
    If you are investing in crypto, keeping your crypto safe from cyberattacks is crucial. Learn how to store your cryptocurrency safely and keep your investment secure.  ( 25 min )
    How Does a Bank Account Debit Work?
    A debit to your account happens when you use funds to purchase goods or services. Learn more about the process that takes place when a debit occurs.  ( 22 min )
    How Long Are RV Loans?
    RV loans typically have longer terms that may be similar to a mortgage. Before getting an RV loan, you can estimate total loan costs based in part on the loan length.  ( 22 min )
    Gross Domestic Product (GDP): Formula and How to Use It
    Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period.  ( 38 min )
    Top Cruise Line Stocks for 2023
    Carnival Corp., Norwegian Cruise Line Holdings, and Royal Caribbean lead cruise line stocks for best value, fastest growth, and best performance, respectively.  ( 20 min )
    Wells Fargo CD Rates: May 2023
    Wells Fargo CD rates are tiered for most of their terms and require a relatively high minimum deposit. Here's what to know before you open a CD with the bank.  ( 19 min )
    How to Choose Health Insurance in 2023
    Buying health insurance can be a time-consuming process. We reviewed the best health insurance on the market so you can make an informed decision about your coverage.  ( 23 min )
    How to Invest in ESG in 2023
    Environmental, social, and governance, also known as ESG, is a more ethical way to invest. Learn how to invest in ESG and make a positive impact with your portfolio.  ( 24 min )
    Today's Mortgage Rates & Trends - May 30, 2023: Rates Hit New High
    Mortgage rates continue to soar, with the 30-year average adding another eighth of a percentage point to surpass the 20-year peak it reached in October.  ( 19 min )
    4 Problems With Costco's Business Model (COST)
    Read about some of the problems with Costco's business model. While the company has been successful, there are still several risks to consider.  ( 22 min )
    Preparing Clients for a Successful Wealth Transfer
    Financial literacy, communication, and confidence play a vital role in wealth transfer planning.  ( 22 min )
    What Does Your Advisor's Designation Mean?
    From the CFP to the CPA, do you know what your advisor's designation means?  ( 26 min )
    Home Price Declines Likely Over For Now, S&P Case-Shiller Says
    Home prices rose in March, a second consecutive month of increase, as low inventory fueled competition. And higher prices are here to stay for now, according to S&P Dow Jones analysts.  ( 16 min )
    How to Invest in AI in 2023
    AI isn’t science fiction anymore; it’s now a reality and a part of society. Learn how to invest in AI in 2023, and research the best AI stocks and ETFs on the market.  ( 24 min )
    Double-Cycle Billing Definition
    Double-cycle billing is a now-banned practice of billing credit card customers by charging interest on the average debt accrued over the last two months, instead of just for the current month.  ( 19 min )
    Nvidia Enters $1 Trillion Valuation Club
    Nvidia's market capitalization crossed $1 trillion in early trading Tuesday, adding it to the elite group comprising Apple, Amazon, Microsoft, and Google parent Alphabet.  ( 16 min )
    Financial Advisor: Overview, FAQ, How to Choose One
    Financial advisors are responsible for every aspect of their customer's financial life, from estate planning to tax planning to saving for retirement, and more.  ( 27 min )
    What Is Sequestration?
    Sequestration is a term adopted by Congress to describe a fiscal policy process that automatically reduces spending increases across most departments.  ( 22 min )
    Cryptocurrencies To Watch: Week of May 30
    This week’s cryptocurrencies to keep an eye on are NEO (NEO), SingularityNET (AGIX), IOTA (MIOTA), Conflux (CFX), and Arbitrum (ARB).  ( 20 min )
    Reexamining Our Perceptions About The Best Long Term Investments
    Stocks have fallen out of favor as Americans’ perception of the best long term investment according to a recent Gallup poll—even as the market is recovering from 2022’s losses. Michael Batnick and Ben Carlson of the Animal Spirits podcast, and Dr. Preston Cherry, founder of Concurrent Financial Planning, join the show to examine what wealth and retirement mean today, how that’s changed, and how to invest for the long term.  ( 18 min )
    Which Major Retailers Accept Buy Now, Pay Later?
    Buy now, pay later has become a popular way to make purchases online and in stores. Here’s a list of participating retailers for six major services.  ( 25 min )
    5 Things to Know Before Markets Open
    Political leaders in Washington urge lawmakers to pass the debt ceiling deal and Nvidia releases a new line of AI-focused products as the company approaches a market valuation of $1 trillion. Here’s what investors need to know today.  ( 18 min )
    Treasury Investment Growth Receipts (TIGRs) Definition
    Treasury Investment Growth Receipts (TIGRs), issued from 1982 until 1986, were zero-coupon bonds based on U.S. Treasury bonds held by Merrill Lynch.  ( 21 min )
    How to Analyze Corporate Profit Margins
    Understanding these three common measures of profitability can help you take a deeper look at a company's profit margin.  ( 26 min )
    Negative Information
    Negative information is data in a consumer’s credit report that lowers their credit score or makes them look like a higher risk to lenders.  ( 18 min )
    Ultra-High-Net-Worth Individual (UHNWI): Definition and Criteria
    Ultra-high-net-worth individuals (UHNWIs) are people with at least $30 million in investable assets. Their ranks continue to grow globally.  ( 19 min )
    Fast-Moving Consumer Goods (FMCG) Industry: Definition, Types, and Profitability
    Fast-moving consumer goods (FMCG) are cheaper products that sell quickly such as milk, gum, fruit and vegetables, soda, beer, and common drugs like aspirin.  ( 23 min )
    The 5 Biggest Financial Advisory Firms in the U.S.
    Read about the five largest financial advisory services firms in the United States, including big names such as Vanguard and JPMorgan Chase.  ( 22 min )
  • Open

    Gevallen techmiljardair Elizabeth Holmes begint vandaag aan celstraf
    De voor fraude veroordeelde ondernemer Elizabeth Holmes heeft zich dinsdag bij de gevangenis in Texas gemeld. De Amerikaanse zou met haar bedrijf Theranos beleggers en klanten hebben misleid en moet voor zo'n elf jaar achter de tralies.  ( 4 min )
    Schiphol moet personeel beter beschermen tegen uitstoot vliegtuigen
    Schiphol moet zijn personeel beter beschermen tegen de schadelijke uitstoot van vliegtuigen, zegt de Nederlandse Arbeidsinspectie. De inspectie vindt dat de luchthaven er bijvoorbeeld voor moet zorgen dat vliegtuigen geen schadelijke stoffen meer uitstoten tijdens het taxiën.  ( 3 min )
    Alles wordt anders na de historische hervorming van het pensioenstelsel
    Het op een na beste pensioenstelsel ter wereld wordt ingeruild voor een nieuw pensioen als de Eerste Kamer er vandaag mee instemt. In het nieuwe stelsel wordt 1.500 miljard euro verdeeld in twintig miljoen persoonlijke pensioenpotjes en gaat je pensioen sneller omhoog of omlaag. Gaan we er wel op vooruit?  ( 7 min )
    Gevallen techmiljardair Elizabeth Holmes meldt zich vandaag bij gevangenis
    De van fraude beschuldigde ondernemer Elizabeth Holmes gaat dinsdag naar verwachting de gevangenis in. De Amerikaanse ondernemer zou met haar bedrijf Theranos beleggers en klanten hebben misleid en moet voor zo'n elf jaar achter de tralies.  ( 3 min )
    Boter, suiker en brood werden in half jaar flink duurder
    De prijzen voor basisboodschappen als brood, groenten en boter zijn in een half jaar met 15 procent gestegen. Uitschieter is de prijs van suiker, die met maar liefst 80 procent toenam.  ( 3 min )
    Werknemers in supermarkten kunnen rekenen op flinke loonsverhoging
    In verschillende sectoren staan de cao-onderhandelingen op scherp met acties en stakingen tot gevolg, maar in de supermarktbranche gloort hoop dat de partijen er snel uit komen. De eerste gesprekken zijn constructief en goed verlopen. De werkgevers zijn bereid de lonen van de ongeveer 300.000 werknemers met 9 procent te verhogen.  ( 5 min )
    Hackers kunnen elektriciteitsnet platleggen via omvormers van zonnepanelen
    Doordat de omvormers van veel zonnepaneelsystemen makkelijk te hacken zijn, kunnen grote stroomstoringen ontstaan. Als kwaadwillenden veel panelen tegelijk uitzetten, is er plots te weinig elektriciteit op het stroomnet.  ( 3 min )
    Prijzen in Nederlandse industrie dalen voor het eerst in twee jaar
    Voor het eerst in twee jaar dalen de prijzen die Nederlandse industriebedrijven vragen voor hun goederen. De prijzen waren in april 2,3 procent lager dan in dezelfde maand vorig jaar.  ( 3 min )
    Hoger loon voor werknemers in de supermarkten
    In verschillende sectoren staan de cao-onderhandelingen op scherp met acties en stakingen tot gevolg, maar in de supermarktbranche gloort hoop dat de partijen er snel uit komen. De eerste gesprekken zijn constructief en goed verlopen. De werkgevers zijn bereid de lonen van de ongeveer 300.000 werknemers met 9 procent te verhogen.  ( 5 min )
    Stakingen supermarkten haast uitgesloten: hogere lonen belangrijkste speerpunt
    In verschillende sectoren staan de cao-onderhandelingen op scherp met acties en stakingen tot gevolg, maar in de supermarktbranche gloort hoop dat de partijen er snel uit komen. De eerste gesprekken zijn constructief en goed verlopen. De werkgevers zijn bereid de lonen van de ongeveer 300.000 werknemers met 9 procent te verhogen.  ( 5 min )
  • Open

    5 Things to Know Before Markets Open
    Political leaders in Washington urge lawmakers to pass the debt ceiling deal and Nvidia releases a new line of AI-focused products as the company approaches a market valuation of $1 trillion. Here’s what investors need to know today.  ( 1 min )

  • Open

    Third Point, Moore Led Hedge Funds Buying Alibaba Last Quarter
    (Bloomberg) -- As famed money manager Michael Burry made headlines boosting bullish bets on stocks including Alibaba Group Holding Ltd. in the first quarter of this year, other top hedge funds were also piling in. Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier Assets After Debt-Cap D  ( 8 min )
    Winklevoss Twins Attempt Pivot After Gemini Loses Money and Employees
    (Bloomberg) -- Since going all-in on Bitcoin over a decade ago, Tyler and Cameron Winklevoss have had their share of ups and downs. But these days, issues around the billionaire twins’ Gemini crypto exchange just seem to keep piling up. Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier  ( 13 min )
    Insiders Pour Millions Into These 2 Beaten-Down Stocks, and Analysts Say They Could Be Ready to Bounce Back
    Savvy investors will always be looking to pick up shares of undervalued stocks. That is, after all, the essence behind the slogan ‘buy low, sell high.’ The problem, though, lies in determining which stocks are merely temporarily languishing in the doldrums and are primed to pick up steam, rather than indicating that their depressed prices are just not worth the time of day. Of course, there are many ways to assess that scenario, and one simple strategy is to examine the actions taken by insiders  ( 10 min )
    Retail investors aren't buying into the AI hype yet, and the boom pales in comparison to the meme-stock bubble
    No content preview
    Markets are sounding alarms on China's economy, but analysts say Wall Street is missing the big picture
    "That's the one big negative factor that I worry about more than all the other things that we have talked about. Why is private investment so weak?"  ( 7 min )
    Nvidia is not the only firm cashing in on the AI gold rush
    Selling specialist chips and infrastructure is becoming a trillion-dollar industry  ( 12 min )
    Arby's employee found dead in freezer had 'beat her hands bloody' trying to escape, lawsuit says
    The family of an Arby's employee who was found dead inside a walk-in freezer at a Louisiana restaurant is suing the owners for wrongful death and gross negligence.  ( 7 min )
    Crocs 'Ugly' Shoe Company Outperforming Tech Giants Microsoft, Amazon And Meta Platforms In The Stock Market
    The latest stock sensation might just be hiding in your shoe closet or even on your feet right now. Colorado-based company Crocs Inc. (NASDAQ:CROX) has quietly outperformed some of the biggest players in the market over the past five years, including tech behemoths like Microsoft Corp, Meta Platforms Inc., and Amazon.com, Inc. Don’t Miss: Thanks to changes in federal law, anyone can invest in EV startups The shoe company that was once a fashion faux-pas has been making investors happy over the l  ( 8 min )
    Big Tech stocks' massive gains this year have made them even more dominant. That could be bad news for investors.
    No content preview
    Long-Dated Treasury Futures Rally in Wake of Debt-Ceiling Accord
    (Bloomberg) -- Treasury futures linked to the 10- to 30-year part of the US government bond market rallied on light volume Monday, as traders looked ahead to an array of supportive factors that could come into play when trading resumes Tuesday after the Memorial Day holiday.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap  ( 7 min )
    Toronto Condo Investors Are Losing Money in a Bad Sign for Renters
    (Bloomberg) -- The majority of investors who took on mortgages in 2022 to pay for new Toronto condos have been losing money every month, a shift that could discourage future building in what is already one of North America’s tightest rental markets.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealManchin Gets Mountain  ( 7 min )
    Canada’s Largest Pension Bought Apple, and Sold Tesla and EV Stocks
    Canada Pension Plan’s manager scooped up Apple stock, and cut positions in Tesla, NIO, XPeng, and Li Auto in the first quarter.  ( 22 min )
    Charlie Munger Says US Nearing 'Mild' Recession, But It Won't Be 2008 All Over Again
    Charlie Munger, the 99-year-old billionaire and vice chairman of Berkshire Hathaway Inc., expressed his concerns about the United States heading toward another fiscal crisis. In an interview with the Financial Times, Munger highlighted the problematic situation of commercial property loans held by U.S. banks, stating that many of them would be deemed as “bad loans” because of declining property values. He emphasized that this indicates a negative outcome for the American commercial property mark  ( 9 min )
    Could the U.S. Default on June 5? It Depends
    It isn’t certain what happens on the so-called X-date if Congress doesn’t raise the debt limit.  ( 26 min )
    PayPal CEO wanted: must be able to reverse $293bn share price slump
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    10 Stocks to Play a Resurgent Energy Sector, From Our Roundtable Experts
    Our energy roundtable experts see value in U.S. shale stocks and European majors as global energy demand outstrips supply.  ( 83 min )
    Markets Mixed Ahead of Debt-Ceiling Vote
    Global stocks were mixed in thin trading Monday after a preliminary deal to raise the U.S. debt ceiling was struck between the White House and Republican negotiators.  ( 32 min )
    Can I Make Money Off a Passively Managed Index Fund?
    If you would like to invest in a financial asset with low operating costs, exposure to the broad market or a market sector and lower taxes, an index fund might be for you. You will find that you can use … Continue reading → The post How to Invest in Index Funds appeared first on SmartAsset Blog.  ( 10 min )
    Fidelity or Charles Schwab: I'm Looking For a Well-Established, Long-Term Broker. Which Is Better?
    As investing platforms, Charles Schwab and Fidelity make for a very apples-to-apples comparison. Both are long-standing brokerage houses with a history of financial management, personal advising and retail services. Both have introduced online trading platforms in the form of apps … Continue reading → The post Fidelity vs. Charles Schwab: Which Is Best? appeared first on SmartAsset Blog.  ( 11 min )
    Ask an Advisor: I've Heard About the Benefits of a Bond Ladder Strategy. What Are the Downsides?
    A financial advisor told me the pros of building a two-part bond ladder (three-year Treasurys and 10-year corporates) to generate fixed income and cover required minimum distributions (RMDs). What are the cons? -Ken When used in the right circumstances and … Continue reading → The post Ask an Advisor: I've Heard About the Benefits of a Bond Ladder Strategy. What Are the Downsides? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Retire at 40 Comfortably with $2 Million?
    Retiring at 40 with $2 million is an ambitious goal, but that doesn't mean it's impossible. While you'll need a decent salary or other sources of income or wealth, saving $2 million is not out of reach. If you plan … Continue reading → The post How to Retire at 40 With $2 million appeared first on SmartAsset Blog.  ( 9 min )
    Morningstar: This Overlooked Asset Could Break Out in 2023. Is It Right For You?
    In the world of investments, perhaps none are less flashy than municipal bonds. If stocks and corporate bonds are the steak and roasted potatoes of your investment plate, municipal bonds are more like steamed brussels sprouts. But this overlooked asset … Continue reading → The post Morningstar Says This Overlooked Asset Could Break Out in 2023 appeared first on SmartAsset Blog.  ( 7 min )
    This Lucrative Asset Class Could Help You Build Wealth
    Value stocks may be the one asset class you must have in your portfolio for the next decade. After a decade-plus of underperformance and decline, value investing began to rebound in September 2020. While the emergence of the Delta variant … Continue reading → The post This Is the Asset Class You Want in Your Portfolio Over the Next 10 Years appeared first on SmartAsset Blog.  ( 9 min )
    JPMorgan analysts love these energy stocks — and give them at least 40% upside
    Not for nothing does the phrase “buy low, sell high” get overused. The best opportunities often arise following a pullback and the investment experts at JPMorgan are keen to point them out. They have been closely monitoring the energy market and are seeing a lot of promise in energy companies. The banking giant is showing a positive outlook on two specific energy stocks with the pair offering different value propositions. Both have been underperforming the market this, but JPM’s analysts are pro  ( 10 min )
    Whether in China or the U.S., Gen Z doesn’t want your low-paying jobs. Stagnant wages and stigma around blue-collar work keeps them jobless
    China and the U.S. are urging Gen Z to take on blue-collar jobs, but unless the sector has better pay and respect, Gen Z isn't all that interested.  ( 11 min )
    Top Tobacco Stocks for 2023
    British American Tobacco, Vector Group, and RLX Technology lead their peers for best value, fastest growth, and best performance, respectively.  ( 20 min )
    Bitcoin drops below US$28,000, Tron’s deflation slows losses
    Bitcoin couldn’t maintain its Monday morning gains as the world’s largest cryptocurrency dropped below US$28,000 in the afternoon.  ( 7 min )
    US Debt Ceiling Deal Blocks 30% Bitcoin Mining Tax: Congressman
    The proposed Digital Asset Mining Energy tax has reportedly been taken off the table, according to U.S. Congressman Warren Davidson.  ( 8 min )
    Stock Futures Rise as U.S. Nears Deal to Lift Debt Ceiling
    Futures tied to the Dow Jones Industrial Average rose 0.2%, while S&P 500 futures rose 0.3% and Nasdaq futures were up 0.5%. U.S. and U.K. markets are closed on Monday for public holidays.  ( 29 min )
    Turkish Lira Falls After Erdogan Wins Another Five Years in Power
    (Bloomberg) -- Turkey’s lira weakened after Recep Tayyip Erdogan won a presidential runoff election on Sunday, extending his time as the nation’s longest-serving leader in a tenure that has increasingly alienated foreign investors.Stocks rose and dollar bonds were mixed at the open as investors awaited appointment of a new economic team that he promised would have “international credibility,” hinting at a potential turn away from an unorthodox policy mix based on ultra-low interest rates and hea  ( 8 min )
    Adani has put India back in the world's top five stock markets list
    Last week’s stellar revival in Adani Group stocks has helped India reclaim its position among the world’s five largest stock markets.  ( 7 min )
    In the Market: Amid the calm, the Fed brews the next storm
    Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. Surprised by the persistence of inflation in the face of the fastest rate hike cycle since the 1980s, Kashkari and some other Fed officials have turned up the heat again in recent days, with a hawkish outlook on interest rates. In doing so, they may also be inadvertently setting the stage for the next market crisis and Fed intervention, in turn, undercutting the bank's policy tightening to fight inflation.  ( 7 min )
    ‘No one can predict how high they might go’: Wharton’s Jeremy Siegel says the A.I. boom is ‘not a bubble yet’ after Nvidia’s $184 billion rally
    Rosy guidance from chipmaker Nvidia last week helped spark the third-largest single-day jump in market value in U.S. history.  ( 8 min )
    Iraq Boosts Gold Reserves by 2% in Single Day in Gradual Buildup
    (Bloomberg) -- Iraq’s central bank boosted its gold reserves by about 2% in a single day last week as part of what it calls a gradual plan to stock up on the precious metal that’s seen as a traditional haven in times of economic distress.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealKey Takeaways From Biden-McCarthy Deal to Avert US DefaultManchin Gets Mountain Valley Pipeline Deal Into Debt BillWorld’  ( 7 min )
    3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currency
    The yuan is the dollar's most high-profile contender, against the backdrop of US-China tensions and Beijing's alliance with Russia amid the war.  ( 10 min )
    India files graft case against BAE Systems, Rolls-Royce
    NEW DELHI (Reuters) -India has filed a graft case against Britain's BAE Systems plc and Rolls-Royce Holdings for "criminal conspiracy" in the procurement and licensed manufacturing of 123 Hawk 115 advanced jet trainers, a document showed. The case is based on the findings of an investigation launched by India's Central Bureau of Investigation (CBI) in 2016, the federal police document dated May 23 said. BAE Systems and Rolls-Royce did not immediately respond to Reuters' requests for comment on Monday, which is a bank holiday in Britain.  ( 7 min )
    Bitcoin Jumps to More Than Two-Week High on Relief Over US Debt Ceiling
    (Bloomberg) -- Bitcoin climbed to the highest level in more than two weeks amid a boost to investor sentiment from a deal on raising the US debt limit.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultManchin Gets Mountain Valley Pipeline Deal Into Debt BillThe largest digital token added  ( 6 min )
    Thai economy resilient, on path to full recovery - Finance Minister
    Thailand's economy is on a solid path to recovery and showing resiliency, helped by good revenue collection and a normalisation of its tourism sector, while inflation should come in below 3% this year, its finance minister said on Monday. Southeast Asia's second-largest economy expanded faster than expected in the first quarter of this year due to a revival in its vital tourism sector. The economic recovery has been supported by a comprehensive and timely policy mix of fiscal and monetary policies, which respectively should continue to be implemented proactively and prudently, Arkhom Termpittayapaisith told a World Bank forum.  ( 6 min )
    Nvidia, MediaTek partner on connected car technology
    Nvidia Corp and MediaTek Inc on Monday said they will collaborate on technology to power advanced vehicle infotainment systems that can stream video or games or interact with drivers using artificial intelligence. Under the agreement, announced at the Computex technology trade show in Taipei, MediaTek will integrate an Nvidia graphic processing unit chiplet and Nvidia software into the system-on-chips it supplies to automakers for infotainment displays.  ( 7 min )
    Saudi Net Reserves Fall to $410 Billion, Lowest Since 2010
    (Bloomberg) -- Saudi Arabia’s foreign reserves fell in April to the lowest in more than 13 years, in an apparent sign the kingdom hasn’t yet used last year’s $326 billion oil windfall to top up the central bank’s holdings. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealManchin Gets Mountain Valley Pipeline Deal Into Debt BillWorld’s Richest Man T  ( 7 min )
    India Reclaims Spot as World’s Fifth-Largest Stock Market
    (Bloomberg) -- India has reclaimed its spot as the world’s fifth largest stock market after losing that status to France in January, as foreign investors snap up the Asian nation’s shares.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealKey Takeaways From Biden-McCarthy Deal to Avert US DefaultWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyManchin Gets Mountain Val  ( 7 min )
    Baidu Shares Jump as Ernie Bot Progress Rekindles AI Bets
    (Bloomberg) -- Baidu Inc. shares jumped in Hong Kong following reports that it will soon launch a large-language model to power its ChatGPT-Like app Ernie Bot. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valley Pipeline Deal Into Debt BillThe shares rose as much as  ( 7 min )
    Nvidia’s New AI Supercomputer Is a Game Changer. Google, Meta, and Microsoft Will Be First Users.
    Nvidia said Google, Meta, and Microsoft would be among the first companies to get access to its DGX GH200 supercomputer.  ( 22 min )
    Bear Market Looms for China Stocks in Hong Kong as Losses Mount
    (Bloomberg) -- A gauge of Chinese shares traded in Hong Kong inched closer to bear-market territory as a wobbling economic recovery, intensifying geopolitical tensions and a weaker yuan keep investors away.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valley Pipeline  ( 7 min )
    Why Are Markets So Calm? It’s Revenge of the Quant Funds
    Firms that use computers to determine buy and sell signals have been loading up while other investors sit back.  ( 30 min )
    Is the Stock Market Open Today? Here Are the Trading Hours for Memorial Day.
    U.S. investors will likely welcome a chance to grab some sunshine on the federal holiday.  ( 23 min )
    The AI Boom Runs on Chips, but It Can’t Get Enough
    A shortage of the kind of advanced chips that are the lifeblood of new generative AI systems has set off a race to lock down computing power and find workarounds.  ( 28 min )
    Commercial property’s big reset will present opportunities
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
    Asian shares are mostly higher after President Joe Biden and House Speaker Kevin McCarthy reached a final agreement on a deal to raise the U.S. national debt ceiling. Tokyo, Sydney and Shanghai advanced while Hong Kong fell. The agreement on the U.S. debt eased what had been a potentially huge threat to markets worldwide.  ( 9 min )
    It’s Not a Good Time to Be a Steel Mill or Coal Mine in China
    (Bloomberg) -- China’s raw materials producers are at the forefront of falling industrial profits as poor demand and price deflation tear into margins at steel mills, metals smelters, chemicals firms and coal miners.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valle  ( 8 min )
    Bitcoin back above US$28,000 as cryptos rebound on US debt ceiling talks
    Bitcoin moved back above US$28,000 on Monday morning in Asia, leading a rally among all top 10 non-stablecoin tokens. Ether reclaimed the US$1,900 level.  ( 8 min )
    Gold prices slip on US debt limit deal, Fed rate-hike bets
    Gold prices edged lower on Monday as a tentative deal sealed over the weekend to suspend the U.S. debt ceiling coupled with jitters around higher-for-longer interest rates dampened demand for the non-yielding metal. Hurting gold's appeal as a safe-haven asset, U.S. President Joe Biden said on Sunday he had finalized a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025 and that the deal was ready to move to Congress for a vote. "The fact the odds of a hike were as low as 17.4% just over a week ago show how expectations for a Fed pause have been abandoned, helping the US dollar rise for a third week and weigh on gold prices," City Index senior market analyst Matt Simpson said.  ( 7 min )
    Indian rupee may struggle on rising likelihood of Fed rate hike
    The Indian rupee may come under pressure on Monday, after a tentative deal to raise the U.S. debt ceiling made it likely that the U.S. Federal Reserve will raise rates next month. Non-deliverable forwards indicate the rupee will slightly lower from the previous session's level of 82.575 per U.S. dollar. Odds of a 25 basis points Fed rate hike at the June 13-14 meeting climbed to 2-in-3 after President Joe Biden on Sunday finalised a budget agreement with House Speaker Kevin McCarthy to suspend the existing debt ceiling until Jan. 1, 2025, and said the deal was ready to move to Congress for a vote.  ( 6 min )
    Turkish Lira May Slide 29% After Erdogan Victory, Morgan Stanley Says
    (Bloomberg) -- The Turkish lira is at risk of a 29% slump should President Recep Tayyip Erdogan, who clinched another five-year term, stick to his policy of keeping interest rates low.That’s according to Morgan Stanley analysts including Hande Kucuk and Alina Slyusarchuk, who wrote in a Sunday note that the lira may reach 26 per dollar sooner than earlier expected and weaken close to 28 by the end of the year, without a change in policy direction. The currency closed at 19.97 per dollar on Frida  ( 7 min )
    Dollar elevated as sticky inflation cements Fed hike bets, debt ceiling deal lifts optimism
    The dollar was firm on Monday as economic resilience in the United States raised market expectations for further rate hikes by the Federal Reserve, while news that a debt ceiling deal had been finalised sparked some risk-on sentiment. The yen's renewed decline has come on the back of rising U.S. Treasury yields, as bets grow that interest rates in the United States would stay higher for longer. Data released on Friday showed that U.S. consumer spending increased more than expected in April and inflation picked up, adding to signs of a still-resilient economy.  ( 8 min )
    Asian shares, US futures rise on debt ceiling deal
    Asian shares and U.S. stock futures rose on Monday, buoyed by a weekend deal by U.S. President Joe Biden and congressional Republican Kevin McCarthy to suspend the government's debt ceiling, ending a months-long stalemate and angst for investors. After weeks of negotiations, McCarthy and Biden forged a agreement late on Saturday to avert an economically destabilising default to suspend the $31.4 trillion debt ceiling until 2025. The positive news lifted S&P 500 futures 0.4% in early trade while Nasdaq futures firmed 0.6%.  ( 7 min )
    US Stock Futures, Asian Equities Rise on Debt Deal: Markets Wrap
    (Bloomberg) -- US stock futures advanced as appetite for risk taking returned to global markets following the deal between President Joe Biden and House Speaker Kevin McCarthy on the US debt ceiling. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republi  ( 9 min )
  • Open

    Rental Property Tax Deductions
    Rental property owners save money by deducting mortgage interest, depreciation, property taxes, and the cost of operation and maintainence.  ( 31 min )
    World Insurance
    World insurance protects firms from being sued by an international plaintiff.  ( 19 min )
    FAKO Score Definition
    "FAKO Score” refers to any credit score that is not the “FICO Score” developed and sold by the credit scoring company, Fair Isaac Corporation (FICO).  ( 21 min )
    Auction Market Preferred Stock (AMPS) Definition
    Auction market preferred stock refers to preferred equity securities that have interest rates or dividends that are periodically reset.  ( 19 min )
    Heritage and Stabilization Fund (HSF)
    The Heritage and Stabilization Fund is a sovereign wealth fund established in 2007 by the Republic of Trinidad and Tobago.  ( 20 min )
    Double-Barreled Bond
    A double-barreled bond is a municipal bond in which the interest and principal payments are pledged by two distinct entities—revenue from a defined project and the issuer and its taxing power.  ( 20 min )
    How Blockchain Can Help Emerging Economies
    Blockchain can help the flow of data and money in emerging economies.  ( 22 min )
    Lock Period Definition
    A lock period is the window of time over which a mortgage lender must keep a specific loan offer open to a borrower.  ( 19 min )
    Lottery: Overview, History, Advantages and Disadvantages
    A lottery is a low-odds game of chance or process in which winners are decided by a random drawing.  ( 19 min )
    Can You Use a Home Equity Loan for Investment Property?
    Real estate investing has been white hot. Should you take out a home equity loan to get in on the action?  ( 23 min )
    The 9 Biggest Hedge Fund Failures
    Learn about major hedge fund failures including the Madoff investment scandal and insider trading cases at SAC Capital, LTCM, and the Galleon Group.  ( 28 min )
    Indexing: Definition and Uses in Economics and Investing
    Indexing may be a statistical measure for tracking economic data, a methodology for grouping a specific market segment, or an investment management strategy for passive investments.  ( 22 min )
    What Is Rescission? Requirements, How It Works, and Example
    Rescission is the voiding of a contract that a court does not recognize as legally binding. Find out when you can and cannot rescind a contract.  ( 23 min )
    Ripple Definition
    Ripple is a blockchain-based digital payment network and protocol with its own cryptocurrency called XRP.  ( 24 min )
    Top Tobacco Stocks for 2023
    British American Tobacco, Vector Group, and RLX Technology lead their peers for best value, fastest growth, and best performance, respectively.  ( 20 min )
    Reverse Calendar Spread Definition
    Reverse calendar spread involves buying and selling a short and long term option on the same underlying security with the same strike price.  ( 19 min )
    Swimming Pools: Costs vs. Long-Term Value
    Consider the costs of installing and maintaining a swimming pool, and compare them with the utility and market value it adds to your home.  ( 24 min )
    Capital Loss Carryover: Definition, Rules, and Example
    Capital loss carryover is the amount of capital losses a person or business can take into future tax years.  ( 26 min )
    Medicaid Waiver
    A Medicaid waiver is an expansion of Medicaid eligibility for people with disabilities, among other populations.  ( 22 min )
    The 50/30/20 Budget Rule Explained With Examples
    Learn about Elizabeth Warren's 50/20/30 budget rule; a simple and effective plan for personal money management and wealth creation.  ( 25 min )
    5 Common Misconceptions About Fiduciaries
    Understanding what a fiduciary is will help you know what to expect from the person you trust with your money.  ( 22 min )
    Second Mortgage: What It Is, How It Works, Lender Requirements
    A second mortgage is a mortgage made while the original mortgage is still in effect. Learn the requirements for a second mortgage and how to apply.  ( 24 min )
    What Is a Hash? Hash Functions and Cryptocurrency Mining
    A hash is a function that converts an input of letters and numbers into an encrypted output of a fixed length.  ( 23 min )
  • Open

    Top Tobacco Stocks for 2023
    British American Tobacco, Vector Group, and RLX Technology lead their peers for best value, fastest growth, and best performance, respectively.  ( 1 min )
  • Open

    Grootouders reizen stad en land af om op kleinkinderen te passen
    Grootouders zijn onmisbaar geworden voor gezinnen met jonge kinderen. Ze springen in het oppasgat dat de overspannen kinderopvangmarkt achterlaat. Groot voordeel voor opa en oma is dat ze een bijzondere band met hun kleinkinderen opbouwen. Het nadeel? Een weekje overslaan wordt ze niet in dank afgenomen.  ( 7 min )
    Turkse lira verliest terrein ten opzichte van Amerikaanse dollar
    De Turkse lira heeft maandag terrein verloren ten opzichte van de Amerikaanse dollar. De koersdaling van de Turkse munt volgt op de herverkiezing van president Recep Tayyip Erdogan, die zondag de tweede ronde van de presidentsverkiezing heeft gewonnen.  ( 4 min )
    Opa's en oma's springen in het gat van de oververhitte kinderopvang
    Grootouders zijn onmisbaar geworden voor gezinnen met jonge kinderen. Ze springen in het oppasgat dat de overspannen kinderopvangmarkt achterlaat. Groot voordeel voor opa en oma is dat ze een bijzondere band met hun kleinkinderen opbouwen. Het nadeel? Een weekje overslaan wordt niet in dank afgenomen.  ( 7 min )
    NU+ | De digitale euro komt eraan, dit is wat we al weten
    De Europese Commissie werkt momenteel aan een digitale variant van de euro en wil volgende maand met een wetsvoorstel komen. Ondertussen heeft het kabinet een aantal eisen op tafel gelegd waar de e-euro aan moet voldoen. Maar waar is een digitale euro eigenlijk voor nodig? En is het zeker dat hij er komt?  ( 5 min )
    Pakketje ophalen bij de buurtwinkel? Winkelier zit ermee in zijn maag
    Buurtwinkels hebben het druk met de stroom aan postpakketten. Hun magazijnen staan tot aan de nok toe vol met dozen die wachten om opgehaald te worden. Het levert winkeliers "belabberd weinig geld" op, maar slechts een enkeling stopt ermee.  ( 4 min )

  • Open

    How Fiat Currency Crises Drive Nations Toward Cryptocurrencies
    Countries like El Salvador, Iran, and Venezuela have turned to cryptocurrencies as fiats have experienced inflation and other troubles.  ( 19 min )
    How Mortgage Points Work
    Do you want to buy a house or apartment with lower upfront costs? Learn how mortgage points can help you pay less for your home.  ( 25 min )
    Transfer Pricing: What It Is and How It Works, With Examples
    Transfer pricing is an accounting and taxation-linked practice allowing companies to save on taxes.  ( 22 min )
    When Will Amazon (AMZN) Accept Bitcoin?
    Amazon has been reluctant to embrace Bitcoin for various reasons, though some of those reasons are purely speculation.  ( 21 min )
    3 Reasons to Invest in Multi-Family Real Estate
    Here are three reasons to consider investing in multi-family real estate.  ( 20 min )
    Mass Index: Overview and Examples in Technical Analysis
    Mass index is a form of technical analysis that looks at the range between high and low stock prices over a period of time.  ( 18 min )
    Accounts Receivable (AR) Discounted Definition
    Accounts receivable discounted refers to the selling of unpaid outstanding invoices for a cash amount that is less than the face value of those invoices.  ( 19 min )
    Understanding Political Gridlock, Causes and Solutions
    Gridlock occurs in politics when the government is unable to pass laws because rival parties control different parts of the executive and legislative branches.  ( 23 min )
    What's the Difference Between Value Chain vs. Supply Chain?
    The term "value chain" refers to the process in which businesses receive raw materials, add value to them to create a finished product, and then sell the finished product to consumers. A "supply chain" represents the steps it takes to get the product or service to the customer.  ( 19 min )
    Fiscal Agent
    A fiscal agent is an organization, such as a bank or trust company, that acts on behalf of another party performing various financial duties.  ( 18 min )
    Monoline Definition
    Monoline refers to the practice of specializing in a single line or discipline of the financial services business.  ( 19 min )
    Estimated Long-Term Return Definition
    Estimated long-term return is a hypothetical measure that forecasts an investor's expected return over the life of an investment.  ( 18 min )
    Going Public Definition
    Going public is the process of selling shares that were formerly privately held to new investors for the first time.  ( 20 min )
    Republic Pushback on Debt Ceiling Agreement Could Lead to Market Volatility
    A tentative agreement between President Joe Biden and House Speaker Kevin McCarthy could lead to a stock market rally.  ( 17 min )
    Floater Insurance: What it is, How it Works, Examples
    Floater insurance covers property that is easily movable and provides additional coverage beyond the scope of traditional policies.  ( 20 min )
    Spot Commodity Definition
    "Spot commodity” refers to a commodity that is being sold with the intention of being delivered to the buyer either presently or within a few days.  ( 18 min )
    Omnibus Clause Definition
    An omnibus clause is an automobile liability insurance policy clause that extends coverage to individuals not named in the policy.  ( 19 min )
    Chief Risk Officer Definition, Common Threats Monitored
    A chief risk officer (CRO) is an executive who identifies and mitigates events that could threaten a company.  ( 19 min )
    Resolving Disputes With Your Financial Advisor
    Before you blame your advisor for your losses, be sure you know your rights and responsibilities.  ( 25 min )
    4 Signs It's Time to Fire Your Financial Advisor
    Financial advisors can help you increase and protect your wealth. Learn when it’s time to fire your financial advisor and how to find a good one.  ( 22 min )
    Summa Cum Laude: Definition, Meaning, and Requirements
    Summa cum laude is an academic level of distinction used by educational institutions to signify a degree that was received "with highest honor."  ( 23 min )
    How to Give the White House Your Input on Rapidly Growing AI Technology
    The initiatives are the first steps of a plan the White House hopes to form as it grapples with the impacts of artifical intelligence and considers regulation.  ( 18 min )
    How Do I Know I Can Trust My Financial Advisor?
    Savvy investors know to ask an advisor questions on these five essential subjects.  ( 21 min )
    What Fees Do Financial Advisors Charge?
    Learn how much financial advisors charge clients and discover the various payment plans available to customers seeking financial advisory services.  ( 23 min )
    An Inflation Upside: You Can Put More In Your Health Savings Account
    Surging inflation means that Health Savings Account contribution limits have risen, an opportunity for people who want to take full advantage of the tax advantages.  ( 16 min )
    Top Retail Stocks for Q2 2023
    MercadoLibre, Aritzia, and MINISO Group lead the industry in revenue growth  ( 20 min )
    U.S. Debt Ceiling: Definition, History, Pros, Cons, Clashes
    The debt ceiling is a limit that Congress imposes on the amount that the federal government can owe. Discover the current debt ceiling and its economic impact.  ( 28 min )
    Biden, McCarthy Agree To Two-Year Deal To Raise Debt Ceiling
    In a major step toward averting the debt ceiling crisis, President Joe Biden and House Speaker Kevin McCarthy reached a tentative agreement to raise the national borrowing limit for two years.  ( 17 min )
    4 Basic Things to Know About Bonds
    Learn the basic lingo of bonds to unveil familiar market dynamics and open to the door to becoming a competent bond investor.  ( 28 min )
  • Open

    Oil gains after US leaders strike debt deal
    (Reuters) -Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer, although concerns about further interest rate hikes capped gains. U.S. President Joe Biden and House Speaker Kevin McCarthy on the weekend forged an agreement to suspend the $31.4 trillion debt ceiling and cap government spending for the next two years.  ( 7 min )
    Oil climbs after US leaders strike provisional debt deal
    Oil prices rose in early Asian trade on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer. Brent crude futures climbed 39 cents, or 0.5%, to $77.34 a barrel by 2317 GMT, while U.S. West Texas Intermediate crude was at $73.12 a barrel, up 45 cents, or 0.6%. U.S. President Joe Biden and House Speaker Kevin McCarthy on Saturday reached an agreement in principle to suspend the $31.4 trillion debt ceiling.  ( 7 min )
    Wall Street’s Best Analyst Suggests 2 Semiconductor Stocks to Buy — Here’s What Makes Them Stand Out
    Today, investors have access to huge amounts of information that can help in pointing towards the best stocks to pick up. So much information, in fact, that it can often result in overload and confusion, rather than providing a clear signal. Therefore, it might be best to stick to an uncomplicated regime and let the stock picking experts lead the way. And on Wall Street, right now Jeffries analyst Mark Lipacis is the best of the lot. According to TipRanks, a platform that tracks and measures the  ( 10 min )
    The S&P 500 has rallied thanks to the AI boom, but parts of the index may be signaling a recession. Here's what 7 experts have said.
    No content preview
    Marketmind: Relief rally eyed on US debt ceiling deal
    Optimism and relief are likely to be the dominant emotions for investors on Monday, giving markets in Asia a lift as lawmakers in Washington reached a tentative agreement on the U.S. debt ceiling, thus removing the risk of a catastrophic default. Trading and market liquidity in Asia will be lighter than usual, however, with U.S. and UK markets closed for holidays, opening up the potential for outsized market moves. If so, they are likely to be outsized gains, certainly across risk assets - Wall Street rallied strongly on Friday, particularly the Nasdaq and mega tech stocks, and the news from Washington over the weekend will only be seen as positive.  ( 7 min )
    Analysis: Debt deal could boost unloved corners of U.S. stock market, though risks loom
    Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers face a difficult path to pass the agreement through Congress before the June 5 deadline. A deal to lift the $31.4 trillion debt limit announced by the White House and House Republicans late Saturday would avert a catastrophic U.S. default and boost overall appetite for risk while also buoying some of the sectors that have been left behind in this year’s tech-led rally, such as cyclical stocks and small caps, investors said. But some are wary that proposed spending cuts could weigh on U.S. growth.  ( 9 min )
    Ford EVs will have Tesla DNA and Waymo's robotaxis are coming to Uber
    Musk’s latest push toward turning Twitter into an actual town square. In the future, Ford’s next generation of EVs will be equipped with Tesla’s charge port, called the North American Charging Standard, starting in 2025. This will give them access to 12,000 Tesla Superchargers in the U.S. and Canada, which is double the number Ford customers currently have access to.  ( 14 min )
    Salesforce, Lululemon, Broadcom, Chewy, HP, and More Stocks to Watch This Week
    The market is closed on Monday for Memorial Day. Then, earnings reports, May jobs data, April JOLTS, consumer confidence, and manufacturing PMI.  ( 22 min )
    Republic Pushback on Debt Ceiling Agreement Could Lead to Market Volatility
    A tentative agreement between President Joe Biden and House Speaker Kevin McCarthy could lead to a stock market rally.  ( 17 min )
    A lawyer faces sanctions after he used ChatGPT to write a brief riddled with fake citations
    For one New York lawyer, the nightmare of losing a job to AI could become a reality sooner than expected, but not for the reasons you might think.  ( 6 min )
    Debt Deal Adds Brake on US Economy Already at Risk of Recession
    (Bloomberg) -- The cap on government spending in Washington’s deal to raise the federal debt limit adds a fresh headwind to a US economy already burdened by the highest interest rates in decades and reduced access to credit.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTraders Gear Up to Embrace Riskier Assets After Debt-Cap DealTexas AG Ken P  ( 8 min )
    State Farm will no longer insure new homes in California because of wildfire risks
    State Farm will no longer provide home insurance to new California customers because of wildfire risks and an increase in construction costs.  ( 6 min )
    Jobs report, AI hype in focus after debt ceiling deal: What to know this week
    Investors will have eyes on Friday's jobs report and what's next in the artificial intelligence led rally in stocks.  ( 11 min )
    Fed's Goolsbee says U.S. debt ceiling deal avoids 'extremely negative' consequences
    Chicago Federal Reserve Bank President Austan Goolsbee said on Sunday he won't 'prejudge' whether he would support an interest-rate hike at the upcoming Fed meeting in June, but noted that the full impact of the central bank's rate increases to date have yet to be felt. "We are going to get a lot of important data between now and then," Goolsbee told CBS's Face the Nation. "The actions that the Fed takes take months or even years to work their way through the system...  ( 5 min )
    Brazilian Households Default Grow Amid High Interest Rates
    (Bloomberg) -- Brazilians are struggling to pay their debts on time, with four out every ten adults facing default, as central bankers keep monetary policy tight in an effort to bring inflation back to their target. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valle  ( 6 min )
    The Bank of England has lost control of inflation – and we all face a terrible price
    Last week’s inflation figure was an absolute stinker. You could have been deceived into thinking that it was good news because the headline rate fell from 10.1pc to 8.7pc, but this drop was solely caused by last April's bumper increase in energy prices falling out of the annual comparison.  ( 9 min )
    Dow Jones Futures Loom: Debt-Ceiling Deal In Focus For AI-Led Market Rally
    No content preview
    TipRanks ‘Perfect 10’ List: Ride the Tech Rebound With These 2 Top-Rated Stocks
    It’s safe to say that tech has been on the up recently. The spread of artificial intelligence (AI) has lit a fire under investors, and tech stocks have rallied some $4 trillion this year. The NASDAQ index, which is tech-heavy to begin with, gained 2.5% last week, and is up almost 25% since the onset of 2023, marking a turnaround from 2022’s bear market. By comparison, the S&P 500 is only up 9%, and the Dow has slipped slightly. The biggest winner in the tech rally so far is Nvidia. The company i  ( 11 min )
    US judge grants final approval to Apple’s $50 million ‘butterfly’ keyboard settlement
    A US judge gave final approval to a $50 million class-action settlement that will see payments sent out to users of older MacBook laptops.  ( 6 min )
    Minimum wage rises risk driving up the cost of groceries, says Aldi boss
    The boss of Aldi has warned Downing Street that increases in the minimum wage will drive up food prices for shoppers, as ministers race to tackle the cost of living crisis.  ( 7 min )
    Debt-Ceiling Relief May Be Short as Focus Turns to T-Bill Deluge
    (Bloomberg) -- Bond traders look set to pivot from worrying the US wouldn’t raise its debt limit to fretting about what the increase means for money markets.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEurope’s Economic Engine Is Breaking DownThe concern is that with a tentative deal  ( 7 min )
    How to Estimate Your Retirement Expenses (& Boost Your Retirement Income) Right Now
    Anticipating your retirement expenses is key to saving the right amount in 401(k)s, IRAs and more. Although getting exact figures might not be possible, projecting costs for healthcare, housing and lifestyle can help you create a realistic savings goal during … Continue reading → The post How to Estimate Your Expenses in Retirement appeared first on SmartAsset Blog.  ( 13 min )
    How Much Will It Cost Me to Retire in the United Kingdom?
    Numerous European countries are among the world's most attractive retirement destinations, and the United Kingdom (U.K.) is no exception. With its rustic villages, historic landmarks and lower cost of living, the U.K. can offer retirees the exact right amount of … Continue reading → The post How to Retire in the United Kingdom (UK) appeared first on SmartAsset Blog.  ( 10 min )
    What Are My Best Online Mutual Fund Investment Options?
    Mutual funds allow investors to diversify their portfolios by purchasing a broad range of assets in a single fund. Investors can buy mutual funds online directly through a fund provider, an investment company or an online brokerage. Here is how … Continue reading → The post How to Invest in Mutual Funds Online appeared first on SmartAsset Blog.  ( 9 min )
    How to Boost Your Retirement Income in Your 50s
    Regardless of when you start, saving for retirement is vital. Although most elderly Americans depend on Social Security to some degree, the average recipient collects only $1,691 per month – not enough money to live comfortably in most places. Your strategy for … Continue reading → The post How to Save for Retirement in Your 50s appeared first on SmartAsset Blog.  ( 10 min )
    4 Ways to Use Life Insurance Before You Die
    Inflation and rising interest rates have made saving difficult, especially if you're not in the top income bracket. Relentless monthly costs and unexpected expenses can put a hole in your budget and derail your savings efforts. And saving money on … Continue reading → The post How to Save Money on Low Income appeared first on SmartAsset Blog.  ( 8 min )
    How to Afford an Investment Property & Make Money Off It, ASAP
    If you're ready to step into the waters of investment property financing, this guide is here to help. You need to have your money and credit in order and know what your options are for loans. After all, purchasing an … Continue reading → The post Investment Property Financing Guide appeared first on SmartAsset Blog.  ( 9 min )
    Would the US Really Mint a Trillion-Dollar Coin to Raise the Debt Ceiling?
    In January, the Treasury ran out of revenue to continue paying the government's bills. Ordinarily, when the Treasury needs to spend more money than it collects in taxes, it issues new bonds. However, as of last month it reached a … Continue reading → The post How Can A Trillion Dollar Coin Raise the Debt Ceiling? appeared first on SmartAsset Blog.  ( 11 min )
    Wall Street’s Next Big Play Is Garbage
    The green push by the U.S. and state governments is turning trash into treasure and boosting the firms that handle America’s garbage.  ( 28 min )
    Traders Gear Up to Embrace Riskier Assets After Debt-Cap Deal
    (Bloomberg) -- Global markets are primed for a relief rally after US negotiators agreed to a tentative deal over the weekend to resolve a debt crisis that has battered risk sentiment in recent weeks.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEurope’s Economic Engine Is Breaking Down  ( 7 min )
    The Frantic Push to Solve Sovereign Debt Crises Irks Wall Street
    (Bloomberg) -- A shakeup is brewing in the $1.6 trillion universe of emerging-market sovereign debt — whether Wall Street likes it or not.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEurope’s Economic Engine Is Breaking DownAs government defaults rise to a record in the developing wor  ( 8 min )
    Author discovers 'most important financial skill' for achieving financial freedom
    Most of us have fits and starts on our financial journeys. But in the end, it comes down to “prosaic prudence,” Jonathan Clements, a retirement expert says.  ( 10 min )
    Numbers taking US accountancy exams drop to lowest level in 17 years
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    US debt ceiling crisis: risks still lurk for China despite prospect of deal, analysts say
    A tentative deal between the White House and Republicans to raise the US debt ceiling could bring temporary relief to the global financial market but there is still the risk of collateral damage, Chinese observers warned on the weekend. US President Joe Biden and House Speaker Kevin McCarthy reached an agreement in principle on Saturday on a deal that is believed to include a two-year debt limit increase and a cap on non-defence spending by the government. The agreement still needs the approval  ( 8 min )
    Chinese app factory Newborn Town has designs on Southeast Asia with many smaller platforms, flipping the TikTok model
    No content preview
    Tech Stock Rally Leaves Small-Caps in the Dust
    One measure shows large-cap stocks beating smaller companies by the widest margin in 25 years.  ( 28 min )
    The ‘ruthless’ axeman carving out a new future for Rolls-Royce
    Long before green energy became de rigueur, Rolls-Royce was exploring how to generate clean power.  ( 10 min )
    Pay Attention to Silicon Carbide Chips, Says Hedge Fund Manager
    The production of lithium is scaling up rapidly, alongside the establishment of lithium refineries like the one built by Tesla (TSLA), which CEO Elon Musk has referred to as a “license to print money.” These refineries offer the opportunity to process lower-grade lithium, which is more abundant, into batteries suitable for EVs. At the same time, hedge fund managers and analysts see promise in another aspect of powering EVs – silicon carbide chips. The electric vehicle (EV) revolution is gaining  ( 8 min )
    ISS backs Toyota shareholder proposal on climate disclosure
    Proxy adviser Institutional Shareholder Services (ISS) has recommended that shareholders of Toyota Motor Corp vote in favour of a resolution urging the automaker to improve disclosure of its lobbying related to climate change. The recommendation comes as Japan's largest company by market capitalisation faces pressure from green investors and climate activists which have criticised it for being slower than rivals to embrace all-battery electric vehicles (EVs). ISS in a report also said it regarded three of Toyota's four outside board director nominees as not truly independent.  ( 7 min )
    Gas Price Plunge Brings Relief to Europe After Energy Panic
    (Bloomberg) -- European gas prices have plunged to the lowest since mid-2021, when Russia was just beginning to squeeze supplies before its invasion of Ukraine, helping to reverse a surge in inflation and bring relief to consumers.Most Read from BloombergBiden, McCarthy Forge Debt-Limit Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEur  ( 8 min )
    ‘Elon Musk of Essex’ chased by suppliers as it lays off staff
    An electric lorry company run by the “Elon Musk of Essex” has been forced to fight off legal action over late payments as it lays off staff and seeks to raise new funding.  ( 7 min )
    US Jobs Report Is Set to Provide Some Solace to the Fed
    (Bloomberg) -- US employers are gradually dialing back the pace of hiring and hourly earnings are moderating, offering some solace to Federal Reserve policymakers in their bid to wrangle still-elevated inflation.Most Read from BloombergWhite House, Republicans Reach Deal to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelEurope’s Economic Engine Is Breaking DownTexas AG Ken Paxton Impeached by Republican-Led State House‘Last of Us’ Multiplayer Video Game Faces Setbacks  ( 9 min )
    There’s a simple reason why inflation is persistently high
    Inflation fell less than expected in April. The UK’s consumer price index was 8.7pc higher last month than in April 2022, down from 10.1pc in March.  ( 9 min )
    Prepare for pain: Britain is hurtling towards a new crisis
    Bonds are meant to be boring. Investors buy them because they provide a predictable income stream. Pension funds buy them to hedge against their riskier bets. Prices and yields are usually dull and predictable - yet that is precisely the point.  ( 15 min )
    Stock Market Holidays 2023: Is Wall Street Closed For Memorial Day?
    No content preview
    Analysis-Why a US debt deal may only provide short-term relief for markets
    Good news of a tentative deal for the U.S. debt ceiling impasse may quickly turn out to be bad news for financial markets. U.S. President Joe Biden and top congressional Republican Kevin McCarthy on Saturday reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling, two sources familiar with the negotiations said, potentially averting an economically destabilizing default. "This will be pretty good for the market," said Amo Sahota, director at KlarityFX, adding that it may give more reason for the U.S. Federal Reserve to feel confident about raising rates again.  ( 8 min )
    Biden, McCarthy Agree To Two-Year Deal To Raise Debt Ceiling
    In a major step toward averting the debt ceiling crisis, President Joe Biden and House Speaker Kevin McCarthy reached a tentative agreement to raise the national borrowing limit for two years.  ( 19 min )
    The Dollar Is Still King in Europe, and It’s Swaying Interest Rates
    The Federal Reserve’s interest-rate increases affect Europe’s economy as much as—or even more than—they do the U.S.  ( 28 min )
    Investors react to tentative US debt ceiling deal
    U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling, ending a months-long stalemate, two sources familiar with the negotiations said on Saturday. Where there were the most distortions from the uncertainty was in the credit markets and in the Treasury bill market... I think on Tuesday, when the market reopens in the U.S., we should see those two distortions fixed.  ( 7 min )
    Debt-Ceiling Deal Avoids Default; Biden, Republicans Agree On Spending Caps
    No content preview
    Saudi Arabia in talks to join China-based ‘Brics bank’
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
  • Open

    Beleggers houden inflatiecijfers en Amerikaans schuldenplafond in de gaten
    Een vooruitblik op wat de financiële markten komende week te wachten staat: beleggers zullen vooral de inflatiecijfers uit verschillende Europese landen en het Amerikaanse schuldenplafond in de gaten houden. Qua bedrijfscijfers blijft het rustig.  ( 4 min )
    Minister Schreinemacher: Europese energietransitie niet mogelijk zonder China
    De Europese energietransitie is niet mogelijk zonder China. Dat stelt minister voor Buitenlandse Handel en Ontwikkelingssamenwerking Liesje Schreinemacher zondag. Europa probeert minder afhankelijk van het Aziatische land te worden. Maar moet het daarbij niet helemaal 'ontkoppelen', stelt de bewindsvrouw.  ( 4 min )
    Britse overheid werkt aan plan voor maximumprijzen voedsel
    De Britse regering werkt aan plannen om voor bepaalde basisproducten in de supermarkt een maximumprijs te stellen. Dat schrijft de Britse nieuwssite Sky News zondag op basis van regeringsbronnen. Supermarkten zouden op vrijwillige basis aan het plan kunnen meedoen.  ( 3 min )
    Eerste commerciële vlucht van Chinees passagiersvliegtuig geslaagd
    Luchtvaartmaatschappij China Eastern Airlines heeft zondag de eerste commerciële vlucht uitgevoerd met een vliegtuig van het type C919 van de Chinese vliegtuigbouwer Comac. Het toestel vloog zondagochtend van Shanghai naar Peking.  ( 3 min )
    Eerste vlucht met C919-vliegtuig van Chinese rivaal Boeing geslaagd
    Luchtvaartmaatschappij China Eastern Airlines heeft zondag de eerste commerciële vlucht uitgevoerd met een vliegtuig van het type C919 van de Chinese vliegtuigbouwer Comac. Het toestel vloog zondagochtend van Shanghai naar Peking.  ( 3 min )
    Biden en Republikeinen voorlopig akkoord over verhogen schuldenplafond VS
    De Amerikaanse president Joe Biden heeft een voorlopig akkoord bereikt met de Republikeinen over verhoging van het schuldenplafond van de Amerikaanse overheid. Daarmee lijken de Verenigde Staten voorlopig uit de gevarenzone, maar het Congres moet nog wel over het akkoord stemmen.  ( 4 min )
    Eerste vlucht C919 van Chinese rivaal Boeing geslaagd
    Luchtvaartmaatschappij China Eastern Airlines heeft zondag de eerste commerciële vlucht uitgevoerd met een C919 van de Chinese vliegtuigbouwer Comac. Het toestel vloog zondagmorgen van Shanghai naar Peking.  ( 3 min )
    Biden en Republikeinen voorlopig akkoord over verhogen schuldenplafond
    De Amerikaanse president Joe Biden en de Republikeinse voorzitter van het Huis van Afgevaardigden Kevin McCarthy, hebben zaterdagavond (lokale tijd) een voorlopig akkoord bereikt over verhoging van het schuldenplafond van de Amerikaanse overheid. Daarmee lijkt de VS voorlopig uit de gevarenzone, maar het Congres moet nog wel over het akkoord stemmen.  ( 4 min )
    Eerste vlucht C919 van Chinese rivaal Boeing vertrokken
    Luchtvaartmaatschappij China Eastern Airlines heeft zondag de eerste commerciële vlucht uitgevoerd met een C919 van de Chinese vliegtuigbouwer Comac. Het toestel steeg even na 10.30 uur lokale tijd op vanaf het vliegveld in Shanghai, zo blijkt uit beelden van staatsomroep CCTV.  ( 3 min )
    Rusland verliest status als economische grootmacht
    De Russische economie verliest steeds meer terrein op het wereldtoneel. Moskou houdt het hoofd nog boven water vanwege de verkoop van olie en gas aan onder meer China. Maar op de lange termijn is dat niet houdbaar aangezien de oorlog in Oekraïne voorlopig niet voorbij is.  ( 5 min )

  • Open

    Gen Z Guide to Roth IRAs
    Gen Z has proven that they aren’t afraid to invest. Roth IRAs offer a tax-advantaged way to diversify their portfolios.  ( 23 min )
    Top Zoom Shareholders
    The top Zoom shareholders are Santiago Subotovsky, Ryan Azus, Janine Pelosi, Eric Yuan, Bin Yuan and Cathy Wang, and Li Ka-shing.  ( 21 min )
    Income Definition: Types, Examples, and Taxes
    For individuals and businesses, income means the money that they receive for their labor or products. Each type of income has its own tax regulations.  ( 25 min )
    How To Read A T-Bill Quote
    Treasury bills, or "T-bills," are debt obligations issued by the U.S. government. Learning how to read the quotes is the first step to start trading.  ( 19 min )
    PayPal vs. Credit Card: Which Is Safer?
    PayPal's business model is prioritizes safe transactions between buyers and sellers, but there are still risks to keep in mind. Learn how PayPal compares to credit cards.  ( 24 min )
    How to Get the Best Deal Negotiating for a Used Car
    Learn how to go about getting the best deal possible when you buy a used car. After three years, the average car is worth about 60% of its price when new.  ( 30 min )
    5 Foreign Countries That Own the Most U.S. Debt
    The list of names and amounts of U.S. debt held by the five foreign countries that own the most and why.  ( 22 min )
    The Basics of Probability Density Function (PDF), With an Example
    Probability density function is a statistical expression defining the likelihood of a series of outcomes for a continuous variable, such as a stock or ETF return.  ( 21 min )
    Using the Price to Earnings Ratio and PEG to Assess a Stock
    A price to earnings ratio helps investors find the market value of a stock compared to the company's earnings. Learn how the P/E and PEG assess a stock's future growth.  ( 25 min )
    Should I Buy a New Or Used Car?
    Should you buy a new or used car? Here are the pros and cons of each, and how to decide which is right for you  ( 23 min )
    Forward Rate vs. Spot Rate: What's the Difference?
    A spot rate is a price for a transaction that is happening immediately. For a transaction that is to occur in the future, the price is called the forward rate.  ( 24 min )
    The Notional Value Calculation for a Futures Contract
    Learn how the notional value of a futures contract is calculated and why you need to know how to do so.  ( 21 min )
    5 Money Market Account Misconceptions
    Money market accounts can be helpful spots for investors to park their money. Here are five key things to keep in mind when opening an account.  ( 23 min )
    Understanding Infrastructure Legislation
    What's in the $1.2 trillion bipartisan infrastructure bill—and the now $2.3 trillion bill the House passed—and where we go from here.  ( 38 min )
    How 401(k) Matching Works
    Depending on your 401(k) plan, contributions may be matched by an employer in a number of ways.  ( 25 min )
    Personal Loan Provider Rating Methodology
    We developed criteria to compare personal loan providers. Learn more about our personal loan provider rating methodology.  ( 18 min )
    Trigger Line Definition and Example
    Trigger line refers to a moving average plotted on a MACD indicator that is used to generate buy and sell signals in a security.  ( 21 min )
    The Recession Keeps Getting Postponed. It May Never Come
    For more than a year, economists have been waiting for a recession to arrive—however, it keeps standing them up, and it might be called off completely.  ( 20 min )
    Top Cryptocurrency Stocks for Q2 2023
    Greenidge Generation Holdings, Robinhood Markets, and Applied Digital lead the cryptocurrency stock space for best value, fastest growth, and most momentum, respectively.  ( 20 min )
    Few Homebuyers Looking To Move Out Of Town, Even Fewer Interested in Local Moves
    High mortgage rates and home prices are persuading more potential homebuyers to stay put for now.  ( 19 min )
    Shonda Rhimes’ ‘Queen Charlotte’ Most Watched On Netflix Now-Here’s Her Net Worth
    Shonda Rhimes' Show `Queen Charlotte' Most Watched on Netflix Right Now-Here's Her Net Worth  ( 18 min )
    Term of the Week: AAA Credit Rating
    AAA is the highest possible credit rating that may be assigned to a debt issuer’s bonds by any of the major credit-rating agencies: Standard & Poor’s (S&P), Fitch, and Moody’s.  ( 19 min )
  • Open

    Top Zoom Shareholders
    The top Zoom shareholders are Santiago Subotovsky, Ryan Azus, Janine Pelosi, Eric Yuan, Bin Yuan and Cathy Wang, and Li Ka-shing.  ( 21 min )
    Nvidia is up 165% in 2023. Here's why its the clear winner in the AI race so far.
    Nvidia's role in powering the AI sector's vast ambitions means it will be a clear leader in the space for a long time, sources told Insider.  ( 8 min )
    The hype in AI stocks isn't a bubble yet, and little buy in from retail investors means there's room for more upside
    "There's not enough retail interest to indicate a bubble is forming, and there's a lot more room for retail investors to get involved in these names."  ( 7 min )
    Here’s Why Buying a Chunk of America Can Be an Inflation Hedge
    (Bloomberg) -- In an era of historic inflation, one alternative investment has been making its way into portfolios as a diversifier and potential hedge against stubborn price pressures: farmland.Most Read from BloombergEurope’s Economic Engine Is Breaking Down‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyWorld’s Richest Man Throws In Towel on Beverly Hills HotelA $189 Airport Travel Hack Is No Longer Working Very WellDebt-Limit Talks Get More Time as US Treasury Pushes Back Deadline“  ( 8 min )
    Investors will still flock to US Treasurys in a default - but the crisis would make these alternatives more attractive down the line
    Default would be "one more piece of the puzzle where investors around the world say this is not a reliable leader of the international finance system."  ( 7 min )
    Warren Buffett slammed the last debt-ceiling crisis as a stupid waste of time - and called for the government's borrowing limit to be removed
    Warren Buffett warned in 2011 that failing to raise the debt ceiling might be the most idiotic move in the history of Congress.  ( 7 min )
    Beverly Hills Voters Stymie LVMH Plans to Expand U.S. Hotel Business
    The majority of votes counted in this week’s referendum were against plans by LVMH’s Cheval Blanc brand to build its first hotel in the U.S.  ( 28 min )
    How 401(k) Matching Works
    Depending on your 401(k) plan, contributions may be matched by an employer in a number of ways.  ( 25 min )
    Some investors see bargains in tentative US regional bank recovery
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Eighty-two percent of millennials worry AI will threaten their pay, survey says
    Investors believe AI is the latest tech revolution. Millennial workers are worried this will mean less pay for the same work.  ( 8 min )
    The New Rules for Business Travel to China
    From burner phones to inquisitive border agents, the WSJ has consulted experts on the do’s and don’ts in an era of heightened tensions.  ( 28 min )
    Saudi Arabia, Russia Ties Under Strain Over Oil-Production Cuts
    Tensions are rising between Saudi Arabia and Russia as Moscow keeps pumping large volumes of cheaper crude into the market, undermining Riyadh’s efforts to bolster energy prices.  ( 29 min )
    Debt-Ceiling Deal Is Close. Why Recession And Stock-Market Drop Will Follow.
    No content preview
    Workers are feeling grim about their retirement prospects, study finds
    A Gallup poll found that expectations for a comfortable retirement are the most pessimistic they have been in over a decade.  ( 9 min )
    AI Stocks, Including Mobileye, Lead These 5 Names Near Buy Points
    No content preview
    Can I Negotiate Financial Advisor Fees?
    No content preview
    How to Make Money With Warren Buffet's Cigar Butt Investing Method
    No content preview
    I Need Cash Now. Can I Transfer My IRA into a Savings Account?
    You can transfer your individual retirement account (IRA) to a savings account, but you may have to pay a penalty and income tax. Here's what you need to know. When you have a big expense to cover, you might ask … Continue reading → The post Can I Transfer My IRA into a Savings Account? appeared first on SmartAsset Blog.  ( 9 min )
    The Alarming Retirement Mistake Too Many Americans Are Making
    The very essence of a retirement nest egg lies in the concept of patient growth and compounding of investments over time. Its purpose is to offer a bountiful reserve of funds when one bids farewell to the workforce, ensuring a … Continue reading → The post Alarming Number of Working Americans Cash Out Retirement Accounts When Changing Jobs appeared first on SmartAsset Blog.  ( 8 min )
    Can I Make Money Investing in Storage Units?
    Real estate offers myriad investment choices, from single-family homes to data centers. The ideal asset for you depends on factors such as your investment size and strategy. Over the past several decades, investors have diversified their portfolios by capitalizing on … Continue reading → The post How to Invest in Storage Units appeared first on SmartAsset Blog.  ( 10 min )
    Biden's Stock Buyback Tax Gets Pushback From Both Sides of the Aisle
    President Joe Biden has championed a substantial financial proposal in the latter half of his term: increasing taxes on businesses engaging in stock buybacks. This initiative aims to redirect corporate funds toward business expansion and job creation, instead of primarily … Continue reading → The post Biden's Stock Buyback Tax Gets Pushback appeared first on SmartAsset Blog.  ( 7 min )
    The workers getting rich off the AI revolution – while others lose their jobs
    While governments and top tech executives argue about artificial intelligence’s ability to trigger a global conflict, the humans actually working on the technology are busy fighting a war of wages.  ( 9 min )
    Top Cryptocurrency Stocks for Q2 2023
    Greenidge Generation Holdings, Robinhood Markets, and Applied Digital lead the cryptocurrency stock space for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Why is 2023's bank turmoil largely a West Coast thing?
    Investors are still betting against a number of banks in the western half of the country. Some of those lenders say their fundamental strengths are being overlooked.  ( 11 min )
    Costco CFO talks eggs, nuts and meat inflation
    Costco CFO Richard Galanti on Thursday offered some observations on inflationary pressures, saying they continue to "abate somewhat" for the retailer.  ( 8 min )
    The Anti-Woke Presidential Candidate Who Wants to Crush ESG and Gut the Fed
    Wall Street veteran Vivek Ramaswamy has made issues from the fringes of finance central to his campaign for the Republican nomination.  ( 30 min )
    How AI Is Catapulting Nvidia Toward the $1 Trillion Club
    The company’s chips are leaders in processing the complex calculations driving the latest internet revolution.  ( 29 min )
    Democratic veterans from 2 decades of budget wars say the national debt isn’t worth holding the U.S. and global economy ‘hostage’
    The national debt is a real issue. A debt ceiling standoff that risks a default is the worst way to address it, experts say.  ( 12 min )
    Combative Consumers Change the Marketing Strategy for Target and Bud Light
    Many brands have long shrugged off criticism of their stands on social issues, but Target and Bud Light just proved that even huge corporations can be made to bend.  ( 29 min )
    Hyundai, LG partner to build $4.3 billion electric vehicle battery plant in Georgia
    Hyundai Motor Group and LG Energy Solution announced that they will build a $4.3 billion electric battery plant as part of Hyundai's new electric vehicle assembly plant in Georgia.  ( 8 min )
    Why Britain may have doomed itself by avoiding recession
    It was enough to send a chill through any voter. Speaking to Sky News, Jeremy Hunt was asked if he would be comfortable with interest rates reaching such a height that the economy tips into recession.  ( 9 min )
    Truss had it right – there’s only one way out of this mess
    When the bond markets dramatically turned on the UK in the wake of the disastrous mini-Budget last autumn, it prompted lengthy lectures on the crazy excesses of “Trussonomics”.  ( 8 min )
    France Just Got Another Warning Over Its Credit Rating
    (Bloomberg) -- The outlook on France’s credit rating was reduced to negative from stable by Scope Ratings, raising questions about President Emmanuel Macron’s efforts to spur growth and reduce a crisis-swollen debt burden. Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two Years‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyEurope’s Economic Engine Is Breaking DownCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeA $189 Airport Travel H  ( 6 min )
    What Milton Friedman Wrote to Otmar Issing at Creation of ECB
    (Bloomberg) -- When Otmar Issing became chief economist of the fledgling European Central Bank a quarter of a century ago, he was greeted with a letter from one of the project’s leading skeptics.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTraders Gear Up to Embrace Riskier Assets After Debt-Cap DealTexas AG Ken Paxton Impeached by Republican  ( 8 min )
    Dow jumps more than 300 points as Biden, McCarthy appear set to reach a deal to raise the US debt limit
    The Dow snapped a losing streak as investors headed into Memorial Day anticipating Washington will reach a deal to raise the debt ceiling.  ( 7 min )
    A Chinese Alternative to Bloomberg Terminals Quietly Limits Information Overseas
    E-commerce shopping trends and satellite images are no longer available to foreign users of Wind, clouding their view of the world’s second-largest economy.  ( 27 min )
    Marvell follows Nvidia's rally, surging 29% after chip maker cites AI as 'key growth driver'
    Nvidia stock skyrocketed this week, driving a fresh AI frenzy after reporting stellar earnings and strong guidance.  ( 7 min )
    Market Rally Gains Steam On AI Boom, Debt-Ceiling Deal 'Very Close'; Tesla Leads 9 Stocks Near Buy Points
    No content preview
    Home affordability got even worse last month as the average payment on a new mortgage jumped
    No content preview
    Nvidia's massive AI-fueled rally just helped power the stock market above a key level that suggests more upside ahead
    No content preview
    Elizabeth Holmes to Report to Prison: A History of the WSJ Theranos Investigation
    Holmes’s downfall was triggered by these Wall Street Journal articles about the blood-testing company and its founder.  ( 24 min )
    Big Techs Become Even Bigger Winners. Shades of the Dot-Com Boom?
    Heavy concentration of gains recalls the excesses that preceded some epic market tumbles.  ( 22 min )
  • Open

    Senior is eindelijk echt welkom op de arbeidsmarkt
    Bedrijven gaan steeds vaker in zee met oudere werknemers vanwege de krapte op de arbeidsmarkt. "Er wordt veel breder gekeken naar kandidaten. Het is echt een enorm verschil met een aantal jaar geleden", zegt arbeidsmarktdeskundige Rob Witjes van het UWV.  ( 4 min )
    Lange rijen op Britse luchthavens door storing e-gates
    Passagiers die zaterdag arriveren op luchthavens in het Verenigd Koninkrijk hebben te maken met lange wachtrijen vanwege een storing bij de elektronische paspoortcontrole.  ( 3 min )
    Irak lanceert miljardenproject voor verbinding van zuidkust met Turkse grens
    De Iraakse overheid heeft zaterdag een project gelanceerd dat de belangrijke goederenhaven aan de zuidkust via spoor en wegen verbindt met de grens met Turkije. Het 17 miljard dollar kostende project moet de Iraakse economie helpen transformeren na decennia van oorlogen en conflicten in het land.  ( 4 min )
    Irak lanceert miljardenproject voor verbinding zuiden met Turkije
    De Iraakse overheid heeft zaterdag een project gelanceerd ter waarde van 17 miljard dollar voor de verbinding van een ​​belangrijke goederenhaven aan de zuidkust via spoor en wegen met de grens met Turkije. Het miljardenproject moet helpen bij het transformeren van de Iraakse economie na decennia van oorlog en conflict in het land.  ( 4 min )
    NU+ | Voor tv op de camping kunnen we nog steeds niet zonder de satelliet
    De zomer staat weer voor de deur, dus trekken Nederlanders de komende weken massaal hun caravan of camper uit de stalling om op vakantie te kunnen gaan. Een televisie behoort vaak tot de standaarduitrusting, maar tv kijken op de camping blijft een uitdaging.  ( 4 min )
    Onderzoek ECB: Klimaatverandering kan inflatie aanjagen
    Klimaatverandering kan de komende tien jaar de wereldwijde inflatie aan gaan jagen, bijvoorbeeld omdat voedselprijzen harder stijgen. Dat stelt de Europese Centrale Bank (ECB) op basis van nieuw onderzoek. Volgens de studie kan het jaarlijks om een stijging met meer dan 1 procentpunt gaan.  ( 3 min )
    VDL dreigt met intrekking bonus bij doorgaan stakingen Nedcar
    VDL dreigt met het intrekken van een bonus van 7.500 euro als de medewerkers van Nedcar doorgaan met staken. Dat blijkt uit een interne mededeling van Nedcar-directeur John van Soerland aan de medewerkers van de autofabriek in Born.  ( 4 min )
    Meeste Duitsers zijn sceptisch over digitale euro
    Een meerderheid van de Duitsers staat sceptisch tegen de eventuele komst van een digitale euro, waaraan wordt gewerkt door de Europese Centrale Bank (ECB). Dat blijkt uit een peiling die de Duitse branchevereniging voor banken heeft laten uitvoeren.  ( 3 min )
    Frankrijk opnieuw gewaarschuwd vanwege hoge staatsschuld
    Frankrijk heeft een nieuwe waarschuwing gekregen van een kredietbeoordelaar over zijn huishoudboekje. Het kleinere Europese kredietbeoordelingsbureau Scope heeft de zogeheten outlook voor de Franse kredietwaardigheid verlaagd naar negatief. Het bureau is met name bezorgd over de hoge staatsschuld van het land.  ( 3 min )
    Huishoudens en kleine bedrijven draaien op voor energieverbruik industrie
    De grootste energieverbruikers van Nederland betalen maar een heel klein deel van alle energiebelasting: minder dan 2,5 procent. Huishoudens en kleine bedrijven draaien op voor het merendeel van de belasting op stroom en aardgas, blijkt uit een analyse van NU.nl.  ( 7 min )
    Twitter stapt uit EU-akkoord dat desinformatie bestrijdt
    Twitter houdt zich niet langer aan een vrijwillige Europese gedragscode voor internetplatforms. Eurocommissaris Thierry Breton (Industrie) meldt op Twitter dat het sociale medium van Elon Musk uit de EU-overeenkomst is gestapt.  ( 3 min )
    CEO JPMorgan zegt nooit contact te hebben gehad met Jeffrey Epstein
    Jamie Dimon, CEO en bestuursvoorzitter van bankconcern JPMorgan Chase, heeft onder ede verklaard dat hij nooit contact heeft gehad met zedendelinquent Jeffrey Epstein. De zaak was door de Amerikaanse Maagdeneilanden en slachtoffers van Epstein aangespannen tegen het bedrijf.  ( 3 min )
    NU+ | Wordt er nog overboden? Jullie vragen over de woningmarkt beantwoord
    Via NUjij vroegen wij welke vragen jullie over de woningmarkt hebben. Onze economieverslaggever Tom van Gurp geeft hier antwoord op jullie prangendste vragen.  ( 6 min )
    Zo zet je extra geld opzij als je onzeker bent over het nieuwe pensioen
    Het nieuwe pensioen staat voor de deur. Dinsdag stemt de Eerste Kamer voor een hervorming van het pensioenstelsel. Dat stelsel brengt wat nieuwe onzekerheden met zich mee. Hoe kun je voor de zekerheid voor wat extra pensioen zorgen?  ( 6 min )
    Zware industrie verbruikt meeste energie, maar betaalt minste belasting
    De grootste energieverbruikers van Nederland betalen maar een heel klein deel van alle energiebelasting: minder dan 2,5 procent. Huishoudens en kleine bedrijven draaien op voor het merendeel van de belasting op stroom en aardgas, blijkt uit een analyse van NU.nl.  ( 7 min )
  • Open

    Shonda Rhimes’ ‘Queen Charlotte’ Is Most Watched Show On Netflix Right Now—Here’s Her Net Worth
    Shonda Rhimes' Show `Queen Charlotte' Most Watched on Netflix Right Now-Here's Her Net Worth  ( 1 min )

  • Open

    Short sellers who bet against Nvidia lost $2.2 billion in a single day amid the chip maker's stellar rally
    No content preview
    State Farm Halts Home-Insurance Sales in California
    The move is a blow to the state’s efforts to maintain a vibrant market for homeowners in the wildfire-prone state.  ( 26 min )
    Genco Stock Is a Good Bet as Rising Shipping Rates Help Boost Dividend
    The stock is down 35% since Barron’s first recommended it. Here’s why it’s a good time to get in.  ( 23 min )
    The Fed could pop the AI bubble, and investors shouldn't chase the hype as financial conditions tighten, Bank of America says
    No content preview
    Lordstown Motors and Atea Pharmaceuticals Stock See Action From Activist Investors
    Lordstown Motors’ former CEO Steve burns lowered his stake in the maker of electric trucks. Atea Pharmaceuticals is evaluating an M&A offer.  ( 22 min )
    Stock Market Action Plan For Deadline Week: Salesforce, Broadcom Earnings, May Payrolls
    No content preview
    Oil, the Canadians, and Petrobras
    Readers weigh in on the prospects for oil and gas, a scenario for interest-rate hikes, and ChatGPT companies  ( 22 min )
    Nobel economist Paul Krugman says he's 'terrified' about the potential fallout from a US debt default - but isn't worried about credit downgrades
    No content preview
    Big Lots Shares Drop to 30-Year Low
    The furniture and home-decor chain suspended its quarterly dividend amid declining sales and widening losses.  ( 26 min )
    Speculators Boost Yen Shorts to Most in a Year as Currency Slips
    (Bloomberg) -- Speculators ramped up their bearish stance on the yen to the highest in nearly a year as the currency extended its slide against the dollar with markets boosting bets on the Federal Reserve hiking rates.Most Read from BloombergBiden, McCarthy Forge Debt-Limit Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEurope’s Economi  ( 7 min )
    Not Just Nvidia: These Are the Other Big Winners in the AI Chip Biz
    COVID-19 was hell for tech stock and chip manufacturers. But AI has now flipped the script. Here are the companies benefiting the most so far.  ( 9 min )
    Mark Zuckerberg, whose wealth has grown almost $47 billion this year, told staff to be ‘scrappier’ amid mass layoffs
    Meta has announced layoffs of 21,000 workers over the past year. But that's all part of Zuckerberg's push for greater efficiency.  ( 8 min )
    Bond Traders Are Starting to Eye Potential Risks Beyond the Debt Ceiling
    (Bloomberg) -- Bond investors are beginning to look beyond the debt-ceiling quagmire even as Treasury Secretary Janet Yellen’s warnings about when the US will run out of borrowing capacity become more pointed. What lies beyond is a bit troubling.Most Read from BloombergEurope’s Economic Engine Is Breaking DownCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion Surge‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyEmerging US Debt Deal Would Raise Limit, Cap Spending for Two Years  ( 9 min )
    Carl Icahn, a star corporate raider brought down to earth
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Why Our Exit In LRCX Stock Isn't Bothersome
    No content preview
    Top CD Rates Today, May 26
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Arista Basks In The Glow Of Nvidia AI Outlook, Artificial Intelligence Stocks
    No content preview
    AI Stocks Are Flying, but Don’t Call the Craze a Bubble
    Nvidia and other tech stocks have added billions of dollars in market value as the technology has boomed  ( 28 min )
    Conoco to Buy Full Control of Oil-Sands Site for $3 Billion, Thwarting Suncor
    (Bloomberg) -- ConocoPhillips exercised its right to acquire TotalEnergies SE’s 50% stake in the Surmont oil-sands field for as much as $3.33 billion, giving it full control of the Canadian operation and thwarting efforts by Suncor Energy Inc. to buy into the site.Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsEurope’s Economic Engine Is Breaking DownCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeCredit Suisse Loses Singapore Case Agai  ( 8 min )
    Ulta Beauty Shares Sink as the Beauty Products Retailer Warns of Slowing Growth
    Ulta Beauty cut its operating margin outlook, and said its recent boom in growth will slow.  ( 17 min )
    JPMorgan Jumps Into AI Craze With Robo Stock Picker
    No content preview
    A secretive US hedge fund has likely notched a $5 billion gain on Nvidia stock this year as the AI boom rages on
    Jennison Associates' nearly 1% stake in Nvidia has ballooned in value from $3.4 billion to $8.6 billion this year, assuming it hasn't cashed out.  ( 7 min )
    Marvell Technology Is the Latest Tech Firm to Benefit From AI
    Marvell Technology (MRVL) is the latest tech firm to say it is benefitting from the boom in artificial intelligence (AI), and shares skyrocketed on Friday after the company released its first-quarter earnings.  ( 17 min )
    Nasdaq Surges To New High As Debt Deal Nears; Auto Parts IPO Pops 12%
    No content preview
    These Growth Stocks Seem Stalled. That May Be A Good Thing.
    No content preview
    A worker making $100,000 in this economy ‘really struggles to live the American Dream,’ SoFi CEO says
    Many workers are graduating and “going to be in a hole and they can’t invest," Anthony Noto said.  ( 9 min )
    Four Stocks to Buy at the ‘End of an Era’ for Consumer Staples
    Stocks with any combination of durable volumes, attractive relative valuations, and some margin recovery are worth watching, a Wells Fargo analyst says.  ( 41 min )
    Treasury Bonds Just Sold Off. Buyers Should Be Salivating.
    When bond prices go down, yields go up. The 10-year Treasury note now yields 3.8%, up from a recent low of just over 3.3%.  ( 22 min )
    Not A Fan Of Oil But Enjoy The High Dividends Of Energy Stocks? Here Are 2 Renewable Energy Plays Yielding Up To 5.4%
    It’s no secret that oil companies have been gushing profits and cash flow. After all, when Big Oil reported financial results for 2022, President Joe Biden called the industry’s record profits “outrageous.” And that means these major oil producers can return a lot of cash to investors. For instance, Chevron Corp. announced a 6% increase to its quarterly dividend to $1.51 per share in January. At the current share price, the oil-producing giant offers an annual dividend yield of 3.8%. At ExxonMob  ( 9 min )
    Nvidia just added $200 billion to its market cap on AI hype - and the gold rush may just be getting started
    No content preview
    Cathie Wood Defends ARKK’s Decision to Dump Nvidia, Citing Chip-Cycle Risks
    (Bloomberg) -- Cathie Wood defended her firm’s decision to bail on Nvidia Corp. before the chipmaker’s shares surged 160%, saying the computer-chip industry’s boom-bust cycle poses risks.Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaking DownCredit Suisse Loses Singapore Case Against Georgian Billionaire IvanishviliJPMorgan Tells 1,000 First Republic Employ  ( 8 min )
    AI Stocks: In Case You Missed Nvidia, Google Artificial Intelligence News
    No content preview
    3 REITS With The Best Dividend Growth Rates Over The Past 5 Years
    If you’re an income investor, chances are good that you love having dividend stocks in your portfolio with dividends that grow precipitously over time. But not all dividend stocks have substantial dividend growth. It takes ongoing earnings growth to enable a company to continue raising its dividend without running into difficulty paying its shareholders. Take a look at three real estate investment trusts (REITs) that have had superb dividend growth over the past five years, putting them well ahe  ( 9 min )
    There's a New King in Chip ETFs After Record $805 Million Inflow
    (Bloomberg) -- With the artificial-intelligence hype sweeping across Wall Street, a massive inflow turned a popular ETF tracking chipmakers into the largest of its category.Most Read from BloombergEurope’s Economic Engine Is Breaking Down‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeA $189 Airport Travel Hack Is No Longer Working Very WellThe iShares Semi  ( 8 min )
    Elon Musk says entrepreneurs are missing ‘tremendous’ opportunities in heavy industry
    The Tesla CEO bemoaned an "overallocation of talent towards apps on phones."  ( 8 min )
    Analyst Report: Duke Energy Corp.
    No content preview
    Analyst Report: Autozone Inc.
    No content preview
    Target Stocks Falls for the 7th Day After Earnings. Now Backlash to Its LGBTQ+ Merch Is Hitting Shares.
    The stock was on track for its lowest close since August 2020.  ( 22 min )
    A worker claimed racism cost her job. She won $11 million.
    The high-end Equinox gym claimed Röbynn Europe was fired for repeated tardiness. Europe alleged her firing was retaliation.  ( 7 min )
    The Cream Of The Crop: 5 Biotechs That Outrank Most Stocks
    No content preview
    Meet ‘IndexGPT,’ the A.I. stock picker JPMorgan is developing that may put your ‘financial advisor out of business’
    JPMorgan has filed a trademark application for an A.I. software that can pick stocks—and much more.  ( 8 min )
    Market Update: MRVL, AZO, DUK, SPLK
    No content preview
    Hoka to Reach $2 Billion in Sales ‘Soon’ as Deckers Remains Confident in Brand Growth
    CEO Dave Powers doubled down on the success of the company’s Hoka brand in a call with analysts on Thursday evening.  ( 8 min )
    What Costco’s Baskets Reveal About Consumer Finances
    The upper middle class is feeling the economic squeeze too.  ( 27 min )
    Warren Buffett Stocks: What's Inside Berkshire Hathaway's Portfolio?
    No content preview
    Wells Fargo Predicts up to 70% Rally for These 2 Stocks — Here’s Why They Have Solid Upside
    The US stock market is poised to end the week on a positive note, fueling optimism as the long holiday weekend approaches. This positive sentiment stems from the news that the White House and congressional Republicans are nearing the final stages of reaching an agreement to raise the government’s debt ceiling, which currently stands at $31.4 trillion. A successful debt ceiling bill would lay to rest fears that the US could default on debt obligations and avoid the risks such an event would bring  ( 10 min )
    Meta's layoffs leave some ex-employees feeling 'better about being done'
    Meta's latest round of layoffs are part of an initiative that has been cheered by investors, but left some former employees relieved to be done with their time at the social media giant.  ( 8 min )
    Mexico president eyes 'half' of Citi unit amid IPO plan
    Mexican President Andres Manuel Lopez Obrador on Friday said the government could acquire up to half of the Mexican unit of Citigroup after the U.S. bank announced plans this week to pursue an initial public offering of the business. Lopez Obrador, speaking at a press conference, noted that the bank had also said it wants the unit known as Banamex to have Mexican shareholders. Citi on Wednesday said it was planning an IPO for the Mexican unit, abandoning earlier plans for a sale, prompting Lopez Obrador to announce that the Mexican government could invest in Banamex and had up to $3 billion at its disposal.  ( 7 min )
    Yield-Hungry Investors Are Feasting on T-Bills
    Returns reach levels not seen in years, and the short-term U.S. securities offer liquidity with little risk, despite the battle over the debt ceiling.  ( 22 min )
    Nvidia Dusts Warren Buffett In Race To $1 Trillion
    No content preview
    Traders Are Duped by Bear-Market Rally, Morgan Stanley’s Wilson Says
    (Bloomberg) -- Morgan Stanley’s chief US equity strategist isn’t convinced the stock rally is here to stay and strengthened his warning about a potential market downshift later this year. Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaking DownCredit Suisse Loses Singapore Case Against Georgian Billionaire IvanishviliJPMorgan Tells 1,000 First Republic Emplo  ( 8 min )
    After Bullish Report In March, Salesforce Stock Ramps Higher Ahead Of Results; 3 Security Software Stocks To Watch
    No content preview
    Nvidia's Surge Didn't Come From Retail Buyers, Vanda Says
    Nvidia’s 24% rally in Thursday’s session turned heads on Wall Street and raised questions about whether the AI-driven market frenzy is becoming a bubble. But it wasn’t necessarily ret  ( 27 min )
    David Einhorn Doubles-Down on These 2 Energy Stocks — ⁠Here’s Why You Might Want to Follow in His Footsteps
    David Einhorn’s hedge fund, Greenlight Capital, enjoyed some big gains in 2022, being one of the few to benefit from last year’s bear market. The conditions suited the value investor’s style, and the fund had its best year in a decade. However, it has been a different story so far this year, as Greenlight has been underperforming the broad markets. Einhorn, however, is not about to bang his head against the wall and try to fit a square into a circle. In a recent letter to shareholders, he stated  ( 10 min )
    Ulta Beauty Stock Falls. ‘We’ve Hit a Speed Bump,’ Analyst Says.
    Ulta's average sales per customer fell for the first time in more than five years, the company reported Thursday.  ( 22 min )
    12 Low-Stress Jobs You Can Do in Retirement
    Just because you retire doesn't mean you have to stop working. And when work is an option rather than a requirement, it's possible to select a low-stress job that multiplies fulfillment without adding anxiety - but still provides a bit … Continue reading → The post 12 Low-Stress Jobs You Can Do in Retirement appeared first on SmartAsset Blog.  ( 8 min )
    Dow Jones Futures Reverse Lower On Hot Inflation Data; Ulta Beauty Dives On Sales Miss
    No content preview
    New York City is withholding new deposits at five banks accused of inaction on discrimination
    New York City is taking its business away from banks that lack anti-discrimination plans.  ( 9 min )
    Retired & on a Budget? Here's How to Still Enjoy Life & Have Fun
    Retirement offers you the time to do the kind of stuff you always wanted to do but couldn't because work filled up your schedule. Of course, retirement also typically means living on a fixed income, which may limit your ability … Continue reading → The post 6 Fun Things to Do in Retirement on a Budget appeared first on SmartAsset Blog.  ( 8 min )
    Is $10 Million Enough for You to Retire Comfortably at 50?
    If you have multiple millions set aside for retirement, you may still feel a little nervous at the possibility of giving up a steady paycheck at age 50. After all, many resources that people use for retirement such as traditional retirement … Continue reading → The post Is $10 Million Enough for You to Retire at 50? appeared first on SmartAsset Blog.  ( 9 min )
    What Percentage of My Income Should Safely Go to a Mortgage?
    Buying a home is one of the biggest financial decisions many people will ever make. And it can also be one of the most complex. Even the simple question of what percentage of your income should safely go to a … Continue reading → The post What Percentage of Your Income Should Safely Go to a Mortgage? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Retire Comfortably at 40 With $1 Million?
    Retiring at 40 may sound like a pipe dream. But it's entirely within reach if you save $1 million while working. The key elements for achieving this feat are sticking to a budget and implementing a comprehensive retirement strategy. But … Continue reading → The post Can I Retire at 40 With $1 Million? appeared first on SmartAsset Blog.  ( 12 min )
    5 Fantastic Ways to Enjoy Life After Retirement
    For some people, retirement can feel a bit like the dog that caught the car. You've prepared for this moment your entire adult life, and you're certainly very happy to have gotten here but … well, now what? You've spent … Continue reading → The post Five Tips to Enjoy Life After Retirement appeared first on SmartAsset Blog.  ( 8 min )
    Fed 'pause' on rate hikes in doubt after strong US data
    Traders of futures contracts tied to the Federal Reserve's policy rate boosted bets on Friday that the U.S. central bank is not yet done on raising interest rates, after a government report showed inflation last month rose faster than expected. Implied yields on the contracts rose after the Commerce Department report, reflecting about a 60% chance that the Fed will increase its target range for the benchmark rate, currently at 5%-5.25%, by a quarter of a percentage point at its June meeting. Futures contracts earlier in the day were pricing in about a 60% chance the Fed would skip a June rate hike.  ( 5 min )
    US consumer spending beats expectations in April; inflation picks up
    U.S. consumer spending increased more than expected in April, boosting the economy's growth prospects for the second quarter, and inflation picked up, which could see the Federal Reserve keeping interest rates higher for some time. Consumer spending jumped 0.8% last month, the Commerce Department said on Friday. Economists polled by Reuters had forecast consumer spending, which accounts for more than two-thirds of U.S. economic activity, rising 0.4%.  ( 6 min )
    A measure of inflation that is closely tracked by the Federal Reserve increased in April
    A key index of U.S. prices ticked higher in April as consumer spending rebounded, a sign that inflationary pressures in the economy remain high. The index, which the Federal Reserve closely monitors, showed that prices rose 0.4% from March to April, much higher than the 0.1% increase the previous month. The government reported Friday that the year-over-year figure was down sharply from a peak of 7% last June yet remains far above the Fed's 2% inflation target, and it surpassed the 4.2% figure in March.  ( 8 min )
    Stock futures tick higher as investors await debt deal: Stock market news today
    Stocks rose slightly on Friday morning as investors awaited more news on the debt ceiling deliberations in Washington ahead of the holiday weekend.  ( 8 min )
    Why Nvidia's boom isn't a bubble: Morning Brief
    Make no mistake, Nvidia has captured the imagination of Wall Street.  ( 9 min )
    Marvell Follows Nvidia as the Next Hot AI Stock. The Sector Is on Fire.
    Increasing demand for generative AI is driving Marvell's network products, this analysts says.  ( 22 min )
    Virgin Galactic Completed Its Space Mission. The Stock Didn’t Lift Off.
    The company made its first crewed test flight since Sir Richard Branson went to orbit in July 2021.  ( 22 min )
    'We were arrogant': RH’s CEO says he raised already expensive furniture prices too much on shoppers
    RH continues its stretch of poor results, in part because of poor execution.  ( 8 min )
    Broadcom Shares Climb During A.I. Rally
    Broadcom Inc. (AVGO) shares gained 14% in May alone. The latest surge in potential A.I. related companies has helped. However, unusual buying in the shares has been a theme for months.  ( 7 min )
    Comcast CEO Mulls Next Big Move in Shifting Media Landscape
    (Bloomberg) -- Comcast Corp. Chief Executive Officer Brian Roberts has a penchant for lining up a huge deal around every five years or so. It was 2018 the last time he made a big acquisition, and Wall Street is ready for his next dramatic move.Most Read from BloombergWorld’s Richest Man Throws In Towel on Beverly Hills HotelEurope’s Economic Engine Is Breaking Down‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyA $189 Airport Travel Hack Is No Longer Working Very WellDebt-Limit Talks G  ( 12 min )
    Cathie Wood’s Top Fund Missed Nvidia’s Stock Surge. But ARK Made This AI Bet.
    Cathie Wood's Ark Innovation ETF sold its Nvidia shares before the majority of the chip maker's stock rally but is backing automation software maker UiPath.  ( 23 min )
    Applied Materials Shares Boosted by A.I. Fueled Rally
    Applied Materials Inc. (AMAT) shares gained 15% in the month of May alone. The latest surge in potential A.I. related companies has helped. However, unusual buying in the shares has been a theme for months.  ( 7 min )
    Analyst Report: Palo Alto Networks Inc
    No content preview
    Daily – Vickers Top Buyers & Sellers for 05/26/2023
    No content preview
    Daily – Vickers Top Insider Picks for 05/26/2023
    No content preview
    Daily Spotlight: Fed's Favorite Inflation Indicator Out Today
    No content preview
    Technical Assessment: Bearish in the Intermediate-Term
    No content preview
    Market Digest: CCEP, AZN, PANW
    No content preview
    AI Stocks Are on Fire. Marvell Joins Nvidia in the Hot Stocks.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 24 min )
    Intel Risks Being Left Behind as Nvidia Ups AI Lead
    (Bloomberg) -- Nvidia Corp. gave investors what they were looking for this week: concrete evidence that the surge in artificial intelligence is resulting in a sales boost. Nearly lost in the euphoria that the chipmaker set in motion, however, was a warning that not all are going to join in the feast.Most Read from BloombergCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsApple Plans to Turn Locked iPhones Into Smar  ( 10 min )
    Biden and Republicans are $70 billion away from settling their debt ceiling squabbles
    US debt ceiling talks appear to have overcome an impasse and are now close to finding a resolution.  ( 8 min )
    Marvell Rallies After Chipmaker Promises Big Gains From AI
    (Bloomberg) -- Marvell Technology Inc. surged more than 21% in late trading after the chipmaker said it expects revenue from artificial intelligence to soar this year, capitalizing on a spending boom that also sent Nvidia Corp. on a record-setting rally this week. Most Read from BloombergCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17JPMorgan Tells 1,000 First Republic Employees They'll Lose Their JobsFirst Republ  ( 7 min )
    U.S. Stock Futures Fall Ahead of Key Inflation Data
    U.S. stock futures fell early Friday as investors held tight for updates on the debt ceiling negotiations and awaited the Federal Reserve’s preferred inflation metric. While tech outperformance, following Nvidia’s earnings, largely drove Thursday’s gains on Wall Street, there were also positive sig  ( 28 min )
    Market Optimism Over Debt Deal May Pave Way for Monday Selloff
    (Bloomberg) -- Asian investors remain on edge before the weekend amid concern US debt-ceiling negotiations may still break down or could result in draconian spending cuts that crimp global economic growth.Most Read from BloombergCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17JPMorgan Tells 1,000 First Republic Employees They'll Lose Their JobsFirst Republic’s $35 Million Banker Outearned JPMorgan’s Dimon Before Bu  ( 7 min )
    Georgian billionaire wins $926 million from Credit Suisse after fraud
    ZURICH (Reuters) -Credit Suisse was ordered to pay $926 million to Georgia's former prime minister on Friday for losing part of his fortune, in a Singapore court ruling that represents one of the biggest legal awards made against the bank. Singapore's International Commercial Court said a unit of Credit Suisse had not acted in good faith and neglected to keep the assets of Bidzina Ivanishvili safe, in the latest blow to the troubled bank, which is being taken over by UBS. Credit Suisse immediately said it would appeal the decision.  ( 8 min )
    Britain is on the brink of a retirement crisis – here’s how we got here
    Across government and the city, policymakers and politicians are singing from the same hymn sheet: the City of London needs to start taking more risks.  ( 9 min )
    Cathie Wood's ARK Invest sold most of its Nvidia stake just before the chipmaker kicked off a rally that added $585 billion in market value
    No content preview
    Dow Jones Futures Fall: Nasdaq Jumps As Nvidia, Chip, AI Plays Soar, But Market Breadth Terrible
    No content preview
    Nvidia CEO Jensen Huang just added $7 billion to his net worth after AI frenzy drives the chipmaker's stock to its biggest 1-day market value gain in history
    No content preview
    This Tiny AI ETF Could Be a Hidden Gem
    Advances in artificial intelligence (AI) have captured the imagination of the market and the general public alike in 2023, so it’s no surprise that AI-focused ETFs are enjoying solid year-to-date gains. With just $13 million in assets under management (AUM), the WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) could be a hidden gem among these funds. Here’s why there’s plenty to like about this tiny, under-the-radar ETF. AI is Just Getting Started WisdomTree writes that AI “is  ( 9 min )
    Emerging US Debt Deal Would Raise Limit, Cap Spending for Two Years
    (Bloomberg) -- Republican and White House negotiators are moving closer to an agreement to raise the debt limit and cap federal spending for two years, according to people familiar with the matter, as time grows short to avert a catastrophic US default.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17Cathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeMcCarthy Signals Debt Deal Optimism as US Put on Credit WatchFirst Republic’s $35 Million Ban  ( 6 min )
    ‘More Rate Hikes Are Coming’: Here Are 2 Stocks Goldman Sachs Likes in This Market Environment
    The US markets are showing some conflicting signs, making forecasting difficult. The main headwind, inflation, is down – but the labor market is strong, with unemployment falling and wages rising. The Federal Reserve raised interest rates at the fastest rate since the 1980s, bringing them from near-zero to more than 5% in the last 12 months, risking recession to try and keep a cap on prices. But will the Fed’s efforts come to naught? Interest rate increases tend to affect the markets with a lag  ( 10 min )
  • Open

    Dow Jones Today: Index Up on Debt Ceiling Hopes
    Intel rebounds to lead the Dow upward, while American Express gains on ratings upgrade  ( 1 min )
    Markets Jump on Debt Ceiling Optimism, More Positive AI News
    Markets gain on Friday, May 26, 2023 on optimism about debt ceiling talks, more positive AI news  ( 1 min )
    5 Things to Know Before Markets Open
    The Labor Department will release its latest inflation reading and Ford electric vehicle owners will soon be able to use Tesla charging stations. Here’s what investors need to know today.  ( 1 min )
  • Open

    Klarna vs. Afterpay: Which Should You Choose?
    We reviewed and compared the buy now, pay later (BNPL) apps from Klarna and Afterpay. This review will help you decide which is the best BNPL app for your needs.  ( 24 min )
    What to Expect in the Markets Next Week
    Coming up next week: May nonfarm payrolls, U.S. home prices, and eurozone inflation figures.  ( 19 min )
    Dow Jones Today: Index Up on Debt Ceiling Hopes
    Intel rebounds to lead the Dow upward, while American Express gains on ratings upgrade  ( 16 min )
    Top CD Rates Today, May 26
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Markets Jump On Debt Ceiling Optimism, More Positive AI News
    Markets gain on Friday, May 26, 2023 on optimism about debt ceiling talks, more positive AI news  ( 16 min )
    Ulta Beauty Shares Sink as the Beauty Products Retailer Warns of Slowing Growth
    Ulta Beauty cut its operating margin outlook, and said its recent boom in growth will slow.  ( 16 min )
    Gap Posts a Surprising Profit as Margins Improve
    Gap reported an unexpected quarterly profit as restructuring efforts and lower costs boosted margins.  ( 16 min )
    Marvell Technology Is the Latest Tech Firm to Benefit From AI
    Marvell Technology (MRVL) is the latest tech firm to say it is benefitting from the boom in artificial intelligence (AI), and shares skyrocketed on Friday after the company released its first-quarter earnings.  ( 16 min )
    Currency History
    Currency history is a term that refers to the values of a base currency over time, specifically in relation to the values of other foreign currencies.  ( 19 min )
    TD Bank CD Rates: March 2023
    Looking for the latest TD Bank CD rates? Our guide covers the current rates, term lengths, and minimum deposit requirements, helping you make an informed decision.  ( 20 min )
    Embargo: Definition, Examples, and Effects
    An embargo is a government order that restricts commerce or exchange with a specified country, usually as a result of political or economic problems.  ( 21 min )
    Extra Expense Insurance Definition
    Extra expense insurance covers reasonable and necessary costs that a business may incur as a result of an interruption in its operations.  ( 19 min )
    U.S. Adults In Their Twenties Less Likely To Have A Job, A House Or A Kid Versus In 1980
    U.S. adults are taking longer than people their age in 1980 to reach milestones such as being financially independent, getting married or having a child, a new Pew Research Center study found.  ( 19 min )
    Blind Brokering Definition
    Blind brokering is when brokerage firms ensure anonymity to both the buyer and the seller in a transaction.  ( 19 min )
    Top Savings Account Rates Today, May 26
    See how the top nationwide rates on high-yield savings accounts are trending. Our rate data is checked daily for almost 100 financial institutions.  ( 18 min )
    Generative AI: How it Works, History, and Pros and Cons
    In a matter of seconds, generative artificial intelligence can produce new content, such as text, images, video, and code, in response to a user-given prompt.  ( 26 min )
    Today's Mortgage Rates & Trends - May 26, 2023: Rates Surge Again
    Mortgage rates continue to surge, extending a pattern of almost daily increases for more than a week. The 30-year rate average is now nearing a 20-year high-water mark.  ( 19 min )
    Associate in Information Technology (AIT) Definition
    The Associate in Information Technology (AIT) designation is geared toward educating insurance professionals about the IT environment.  ( 20 min )
    The Top 4 Companies Owned by Sony
    Learn how Sony Corporation became a leader in the entertainment world, along with the four biggest companies it owns.  ( 22 min )
    Ford and Tesla to Partner on Electric Vehicle Charging
    Rival automakers Ford and Tesla announced a partnership to share 12,000 EV charging points, following a Biden Administration plan for American-made EV solutions.  ( 17 min )
    Inflation Hawk: Dovish and Hawkish Monetary Policy Explained
    Hawkish describes an inflation hawk, or a policy maker or advisor who prioritizes controlling inflation and may favor higher interest rates to keep it in check.  ( 25 min )
    The Fed's Favorite Inflation Measure Surged in April, Raising Rate Hike Odds
    The Federal Reserve’s preferred measure of consumer prices surged in April, dealing a setback in the fight against inflation.  ( 17 min )
    The Best 20-Year Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 20-year mortgage rates, all collected here.  ( 24 min )
    The Best 15-Year Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and collected the best 15-year loan offers.  ( 27 min )
    The Best 10-Year Mortgage Rates of 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 10-year mortgage rates, all collected here.  ( 25 min )
    The Best Jumbo Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best jumbo mortgage rates, all collected here.  ( 29 min )
    How Airbnb Works
    Discover how Airbnb works and makes money as well as the pros and cons of using its marketplace.  ( 31 min )
    The Best 30-Year Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 30-year mortgage rates, all collected here.  ( 17 min )
    Compare Today's Best Mortgage Rates
    Compare mortgage rates across 18 different products for both purchase and refinance and see how they stack up across the country.  ( 26 min )
    Compare Today's Best Mortgage Refinance Rates
    Compare mortgage refinance rates across 18 different products, from 30-Year Fixed to 5/6 ARMs and everything in between.  ( 17 min )
    Here’s How A U.S. Credit Downgrade Could Affect Your Wallet
    Whether the debt ceiling crisis pushes borrowing costs down or makes them spike depends on how the standoff unfolds, and how markets react.  ( 17 min )
    Buydown: Definition, Types, Examples, and Pros & Cons
    A buydown is a mortgage financing technique where the buyer tries to get a lower interest rate for at least the mortgage’s first few years but possibly for its lifetime.  ( 24 min )
    5 Things to Know Before Markets Open
    The Labor Department will release its latest inflation reading and Ford electric vehicle owners will soon be able to use Tesla charging stations. Here’s what investors need to know today.  ( 19 min )
    Duration and Convexity to Measure Bond Risk
    Find out how duration and convexity measures can help fixed-income bond investors manage risks such as interest rate sensitivity within their portfolios.  ( 22 min )
  • Open

    Overheid VS heeft zonder deal schuldenplafond pas op 5 juni geen geld meer
    De Verenigde Staten zitten waarschijnlijk pas op 5 juni zonder geld als er geen politiek akkoord komt over een verhoging van het schuldenplafond van de Amerikaanse overheid. Met die inschatting is minister van Financiën Janet Yellen vrijdag gekomen. 5 juni is later dan eerder werd voorspeld.  ( 4 min )
    Geld overheid VS volgens minister pas 5 juni op zonder deal schuldenplafond
    De Verenigde Staten zitten waarschijnlijk pas op 5 juni zonder geld als er geen politiek akkoord komt over een verhoging van het schuldenplafond van de Amerikaanse overheid. Met die inschatting is minister van Financiën Janet Yellen vrijdag gekomen. 5 juni is later dan eerder werd voorspeld.  ( 3 min )
    Tesla volgens Duitse privacytoezichthouder getroffen door groot datalek
    De Autoriteit Persoonsgegevens (AP) heeft van de Duitse privacytoezichthouder een tip gekregen over een mogelijk datalek bij autofabrikant Tesla. Volgens de Duitse zakenkrant Handelsblatt ligt ongeveer 100 gigabyte aan persoonsgegevens op straat.  ( 3 min )
    Ook Britse supermarkten beschuldigd van graaiflatie
    De discussie over de zogenoemde graaiflatie heeft inmiddels ook het Verenigd Koninkrijk bereikt. Critici beschuldigen grote supermarkten ervan de prijzen extra te verhogen voor eigen gewin. Maar de grootgrutters ontkennen dat.  ( 3 min )
    Lufthansa wil na eerste deel ook rest van Italiaanse vliegmaatschappij opslokken
    Niet Air France KLM, maar de Duitse luchtvaartmaatschappij gaat er met de Italiaanse airline ITA vandoor. Lufthansa kocht donderdag al een deel van de luchtvaartmaatschappij op en komt volgens topman Carsten Spohr later terug voor de rest.  ( 3 min )
    La Place keert via HEMA terug in het warenhuis
    La Place, dat ooit begon in de winkels van het ter ziele gegane V&D, vindt bij HEMA opnieuw onderdak in een warenhuis. Zowel HEMA als La Place is nu in handen van de familie Van Eerd, de eigenaren van supermarktketen Jumbo. Eerder al kwamen producten van HEMA in de schappen van Jumbo te liggen, La Place is een nieuwe stap in die kruisbestuiving.  ( 6 min )
    Gevaarlijk speelgoed en ongezonde spullen uit buitenland worden verboden
    Consumenten moeten beter worden beschermd tegen goedkope spullen uit het buitenland die gevaarlijk of ongezond zijn. Minister Micky Adriaansens (Economische Zaken en Klimaat) kondigt daarom strenge regels aan: "Je kunt niet ver genoeg gaan om onveilige producten van de markt te krijgen en consumenten te beschermen."  ( 3 min )
    Verkoop van gevaarlijke spullen uit Aziatische webshops aan banden gelegd
    Consumenten moeten beter worden beschermd tegen goedkope spullen uit het buitenland die gevaarlijk of ongezond zijn. Minister Micky Adriaansens (Economische Zaken en Klimaat) kondigt daarom strenge regels aan: "Je kunt niet ver genoeg gaan om onveilige producten van de markt te krijgen en consumenten te beschermen."  ( 3 min )
    Verkoop van gevaarlijke producten uit Aziatische webshops aan banden gelegd
    Consumenten moeten beter worden beschermd tegen goedkope spullen uit het buitenland die gevaarlijk of ongezond zijn. Minister Micky Adriaansens (Economische Zaken en Klimaat) kondigt daarom strenge regels aan: "Je kunt niet ver genoeg gaan om onveilige producten van de markt te krijgen en consumenten te beschermen."  ( 4 min )
    Cuba is te arm om genoeg voedsel te produceren, laat staan te importeren
    Cuba is steeds afhankelijker van de voedselproductie op het eiland, zei de Cubaanse minister Alejandro Gil van Economische Zaken tegen het nieuwe parlement. Door de belabberde economische situatie wordt het steeds lastiger om voedsel, brandstof en medicijnen te importeren. Maar ook de eigen landbouwproductie hapert.  ( 4 min )
    Elon Musks Neuralink mag gedachtenlezer op mensen gaan testen
    Neuralink heeft van de Amerikaanse medische toezichthouder FDA toestemming gekregen om een gedachtenlezer op mensen te testen. Het bedrijf van Elon Musk heeft een hersenimplantaat ontwikkeld waarmee het brein rechtstreeks kan communiceren met een computer.  ( 3 min )
    Dagen van de acceptgiro zijn na bijna vijftig jaar geteld
    Na bijna vijftig jaar trouwe dienst is de acceptgiro bezig aan zijn laatste dagen. In 2021 werd aangekondigd dat de stekker er op 1 juni van dit jaar definitief uitgaat. Voor wie toch nog wil betalen via papier, bestaan alternatieven.  ( 6 min )
    Honderden 0906-nummers verwijderd om misleiding aan te pakken
    Sinds de strengere regels voor 0906-nummers zijn er al 163 telefoonnummers onbruikbaar gemaakt. De komende weken trekt de toezichthouder er nog zo'n 250 in. Het gaat onder meer om telefoonnummers waarvan het voor de beller niet onmiddellijk duidelijk is dat het om een betaald nummer gaat.  ( 3 min )
    We moeten nog minimaal een jaar wachten op het échte 5G
    Drie jaar na de introductie van 5G in Nederland kunnen we nog steeds niet optimaal gebruikmaken van het snellere mobiele internet. Wat we nu hebben is een 4G-verbinding in een 5G-jasje. Het duurt nog minimaal een jaar voordat we het échte 5G kunnen gebruiken.  ( 4 min )
    Laatste dagen van de acceptgiro zijn na bijna vijftig jaar geteld
    Na bijna vijftig jaar trouwe dienst is de acceptgiro bezig aan zijn laatste dagen. In 2021 werd aangekondigd dat de stekker er op 1 juni van dit jaar definitief uitgaat. Voor wie toch nog wil betalen via papier, bestaan alternatieven.  ( 5 min )
  • Open

    Ford and Tesla to Partner on Electric Vehicle Charging
    Rival automakers Ford and Tesla announced a partnership to share 12,000 EV charging points, following a Biden Administration plan for American-made EV solutions.  ( 1 min )
    Marvell Technology Is the Latest Tech Firm to Benefit From AI
    Marvell Technology (MRVL) is the latest tech firm to say it is benefitting from the boom in artificial intelligence (AI), and shares skyrocketed on Friday after the company released its first-quarter earnings.  ( 1 min )
    Gap Posts a Surprising Profit as Margins Improve
    Gap reported an unexpected quarterly profit as restructuring efforts and lower costs boosted margins.  ( 1 min )
    Ulta Beauty Shares Sink as the Beauty Products Retailer Warns of Slowing Growth
    Ulta Beauty cut its operating margin outlook, and said its recent boom in growth will slow.  ( 1 min )

  • Open

    Are Today’s Mortgage Rates Up or Down? Making Sense of Conflicting Headlines
    Mortgage rates quoted in headlines can differ, which can cause confusion. Freddie Mac is the most recognized source for mortgage rates but Investopedia's mortgage rate data is published daily and represents a more timely and realistic snapshot of national and state-level rates.  ( 19 min )
    Accounting Explained With Brief History and Modern Job Requirements
    Accounting is the process of recording, summarizing, and reporting financial transactions to oversight agencies, regulators, and the IRS.  ( 33 min )
    Magna cum Laude vs. Summa cum Laude: What's the Difference?
    Cum laude is a Latin term that translates to “with honor.” Magna cum laude means “with great honor,” and summa cum laude means “with the greatest honor."  ( 25 min )
    Decentralized Autonomous Organization (DAO): Definition, Purpose, and Example
    A decentralized autonomous organization (DAO) is a system developed to distribute decision-making, management, and entity ownership.  ( 25 min )
    Performance Appraisals in the Workplace: Use, Types, Criticisms
    A performance appraisal is a regular review of an employee’s job performance and overall contribution to a company.  ( 22 min )
    Industrial Revolution Definition: History, Pros, and Cons
    The Industrial Revolution was a period of radical modernization and mechanization that began in Great Britain and spread to the United States.  ( 23 min )
    Investopedia Releases New Magazine Exploring How to Invest Extra Cash, Meet Financial Goals
    Investopedia’s second-ever special edition print magazine, What To Do With $10,000, is on sale now. The new issue explores where to invest your cash and build wealth based on your individual financial goals.  ( 16 min )
    Top CD Rates Today, May 25
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Americans’ Retirement Savings Rise for Second Straight Quarter
    Average IRA, 401(k) and 403(b) balances rose in the first quarter of 2023, according to a Fidelity study of 44.5 million accounts, with Gen Z making the biggest gains.  ( 16 min )
    Dow Jones Today: Index Dips Despite AI Wave
    The value-oriented Dow Jones Industrial Average fell by 0.1%, or about 35 points, as investors brushed off debt-ceiling gridlock and piled into tech stocks.  ( 16 min )
    Risk: What It Means in Investing, How to Measure and Manage It
    Risk takes on many forms but is broadly categorized as the chance an outcome or investment's actual return will differ from the expected outcome or return.  ( 31 min )
    Delinquency vs. Default: What's the Difference?
    Find out more about loan delinquency, loan default, and the differences between a loan borrower defaulting and being delinquent on a loan.  ( 24 min )
    U.S. Equities End Mixed on Nvidia News, Debt Ceiling Worries
    U.S. equities were mixed on Thursday, May 25, 2023 as Nvidia's results and outlook helped send the Nasdaq and S&P 500 higher, while the Dow fell on growing concerns about a possible government default.  ( 16 min )
    What Is Dead Money?
    Dead money is a slang term for an investment that has failed to show any significant growth in value or substantial return for a protracted period.  ( 24 min )
    Dollar Tree Cuts Its Outlook as Theft Hurts Profit
    Dollar Tree shares declined as the discount retailer missed profit estimates and cut its profit forecast because of theft and inflation.  ( 16 min )
    Fewer Than Half of Americans Expect to Afford a Comfortable Retirement
    Just 43% of non-retired Americans surveyed by Gallup said they expect they can afford a comfortable retirement.  ( 17 min )
    How to Pre-Qualify for a Loan
    Before taking out a personal loan, you should pre-qualify with several lenders to find the best possible rates. We’ll show you how to pre-qualify for loans and compare your options.  ( 23 min )
    How to Get an Auto Equity Loan
    Learn the steps you need to take to compare lenders, qualify, and get the best rates and terms with an auto equity loan.  ( 25 min )
    Limited Inventory and Affordability Keep April Pending Home Sales Flat
    Pending home sales were unchanged in April from the previous month as high prices, rising mortgage rates and limited inventory keep the homebuying market in a slump.  ( 17 min )
    Home Definition
    A home is a person's permanent primary residence to which they return, or intend to return.  ( 21 min )
    When and Why Do Gold Prices Plummet?
    A wise investor is one who recognizes gold’s place in the market, without attaching too much or too little significance to it.  ( 25 min )
    What the National Debt Means to You
    The U.S. debt seems to grow every year. But how does national debt actually affect you?  ( 27 min )
    What Is a Co-Applicant? Definition, Example, Vs. Co-Signer
    A co-applicant is a second named person on a loan or other type of application.  ( 20 min )
    Market Failure: What It Is in Economics, Common Types, and Causes
    Market failure is a situation in which there is an inefficient allocation of goods and services in the free market.  ( 27 min )
    What Is Brand Personality? How It Works and Examples
    Brand personality is a set of human characteristics attributed to a brand name that the consumer can relate to.  ( 27 min )
    All-Cash, All-Stock Offer: Defintion, Downsides, Alternatives
    An all-cash, all-stock offer is a proposal by one company to purchase all of another company's outstanding shares from its shareholders for cash.  ( 21 min )
    Fahrenheit Consortium Wins Auction for Crypto Lender Celsius' Assets
    On Thursday morning, it was made public that a consortium of buyers, including Arrington Capital, won the bidding war over insolvent crypto lender Celsius' assets.  ( 17 min )
    Listing Broker
    A listing broker or listing agent helps you list and sell your home. Learn what a listing broker does and when you might need one.  ( 22 min )
    Today's Mortgage Rates & Trends - May 25, 2023: Rates Falter
    The average mortgage rate on 30-year loans fell after eight straight days of growth, dropping 9 basis points, while 15-year average was also down, though it didn't fall as far.  ( 19 min )
    Nvidia's Success Will Carry Some Chip Stocks But Not Intel and AMD
    Chipmaker Nvidia stunned analysts with its first quarter results which will have a knock-on effect on other stocks such as ASML, TSM and SMCI, but not AMD and Intel.  ( 18 min )
    Work Requirements Wouldn’t Dent Federal Budget
    For politicians looking to save taxpayers money, adding work requirements to Medicaid and other social programs would do next to nothing, according to analysis from the Congressional Budget Office.  ( 16 min )
    How to Make a Winning Long-Term Stock Pick
    Discover the key elements of making a winning stock pick and a good long-term investment using fundamental and economic data analysis.  ( 21 min )
    Roth IRA Required Minimum Distributions (RMDs)
    You don’t have to take required minimum distributions from your Roth IRA during your lifetime, but your heirs eventually may have to.  ( 27 min )
    Leveraged Buyout (LBO) Definition: How It Works, with Example
    A leveraged buyout (LBO) is the acquisition of another company using a significant amount of borrowed money (debt) to meet the cost of acquisition.  ( 23 min )
    Nvidia Nears $1 Trillion In Market Capitalization
    Nvidia shares surged more than 20% Thursday to all-time highs, pushing the chipmaker’s market capitalization to a new record just shy of $1 trillion.  ( 15 min )
    Where Investors Put Their Money in a Bear Market
    A bear market poses difficult choices for investors, who must consider their risk tolerance, time horizon, and objectives.  ( 24 min )
    Mortgage Pipeline Definition
    A mortgage pipeline is the backlog of mortgage applications that are not yet closed but that have interest rates that are locked.  ( 18 min )
    Economic Order Quantity: What Does It Mean and Who Is It Important For?
    Economic order quantity (EOQ) is the order quantity a company should make for its inventory given production cost, demand rate, and other variables.  ( 25 min )
    Supreme Court Rules Government Can't Keep Profits From Tax-Foreclosed Homes
    If your local government seizes your property and sells it at an auction over unpaid taxes, they’re no longer allowed to keep the profits, the Supreme Court ruled Thursday.  ( 16 min )
    Accenture Wins Spot on $2.6 Billion Agreement To Modernize IRS Systems
    Accenture Federal Services has won a spot on a seven-year purchase agreement worth up to $2.6 billion in contracts to modernize IRS systems.  ( 16 min )
    What Is the Volume Price Trend (VPT) Trading Indicator?
    The volume price trend (VPT) indicator helps determine a security’s price direction and strength of price change.  ( 18 min )
    Ally Bank CD Rates: April 2023
    Ally Bank CD rates are competitive, and there is no minimum deposit required to open. Several term options, as well as a special no-penalty CD, are available.  ( 20 min )
    How the Sears Credit Card Works: Benefits and Rewards
    Sears offers several types of store cards, each with its own rewards and benefits programs.  ( 27 min )
    Unilateral Transfer: Meaning, Overview, Examples
    A unilateral transfer is a one-way transfer of money, goods, or services from one party to another such as government payments made to citizens.  ( 19 min )
    Why Structured Notes Might Not Be Right for You
    A structured note is a debt security issued by financial institutions. Discover why structured notes might not be the best option for an investor.  ( 24 min )
    Health Savings vs. Flexible Spending Account: What's the Difference?
    Here's what you need to know to choose between a health savings account (HSA) and a flexible savings account (FSA) to help with medical expenses.  ( 24 min )
    What You Need to Know About Capital Gains and Taxes
    Find out how your profits are taxed and what to consider when making investment decisions.  ( 21 min )
    Fitch Issues US Credit Warning over Debt Ceiling Delays
    Fitch doesn’t believe the U.S. will ultimately default, but debt negotiation delays show an ongoing risk to the nation’s creditworthiness.  ( 17 min )
    Supreme Court Case Challenges Governments' Ability To Sell Your House and Keep Profits
    Can the government foreclose on your house for unpaid taxes, sell it off, and keep all the profits? That’s now up to the Supreme Court.  ( 18 min )
    Top Cosmetics Stocks for Q2 2023
    Sally Beauty is the best value cosmetics stock, while e.l.f. Beauty leads the pack for fastest growth and most momentum.  ( 20 min )
    5 Things to Know Before Markets Open
    Nvidia shares surged after the AI chipmaker posted a blowout revenue forecast and Fitch put the U.S. credit rating on watch as debt ceiling negotiations drag on. Here’s what investors need to know today.  ( 18 min )
    Solar Energy Investment To Surpass Oil Spending For The First Time, IEA Says
    Clean energy will account for 60% of all global energy investment in 2023, the IEA predicts, with spending on solar energy surpassing oil for the first time.  ( 17 min )
    National Debt: Definition, Impact, and Key Drivers
    The national debt is the total that a country owes creditors, which in the case of the United States includes debt held by the public and intragovernmental debt.  ( 30 min )
    Ceiling Definition
    In finance, a ceiling is the maximum permitted level in a financial transaction. The term can be applied to a variety of factors.  ( 20 min )
    Fixed-Dollar Value Collar
    A fixed-dollar value collar is a strategy where a company that may be acquired can protect itself from the stock price fluctuations of the acquiring firm.  ( 24 min )
  • Open

    U.S. Equities End Mixed on Nvidia News, Debt Ceiling Worries
    U.S. equities were mixed on Thursday, May 25, 2023 as Nvidia's results and outlook helped send the Nasdaq and S&P 500 higher, while the Dow fell on growing concerns about a possible government default.  ( 1 min )
    Dow Jones Today: Index Dips Despite AI Wave
    The value-oriented Dow Jones Industrial Average fell by 0.1%, or about 35 points, as investors brushed off debt-ceiling gridlock and piled into tech stocks.  ( 1 min )
    5 Things to Know Before Markets Open
    Nvidia shares surged after the AI chipmaker posted a blowout revenue forecast and Fitch put the U.S. credit rating on watch as debt ceiling negotiations drag on. Here’s what investors need to know today.  ( 1 min )
  • Open

    Dollar Tree Cuts Its Outlook as Theft Hurts Profit
    Dollar Tree shares declined as the discount retailer missed profit estimates and cut its profit forecast because of theft and inflation.  ( 1 min )
    Nvidia Nears $1 Trillion In Market Capitalization
    Nvidia shares surged more than 20% Thursday to all-time highs, pushing the chipmaker’s market capitalization to a new record just shy of $1 trillion.  ( 1 min )
    Accenture Wins Spot on $2.6 Billion Agreement To Modernize IRS Systems
    Accenture Federal Services has won a spot on a seven-year purchase agreement worth up to $2.6 billion in contracts to modernize IRS systems.  ( 1 min )
    Nvidia Shares Leap 20% on Record Data Center Revenue
    Nvidia shares jumped in extended trading on Wednesday after the company beat earnings expectations and said there was a surge in demand for its AI products.  ( 1 min )
  • Open

    Amazon Was the Rare AI and Cloud Play Left Out of the Nvidia Bump. Here’s Why.
    Amazon is the world's largest cloud-computing company. But investors ignored the stock on a day when many other plays were up sharply.  ( 23 min )
    Nvidia stock gained $184 billion in a day, vaulting it past Tesla. But a top analyst now calls it ‘priced for fantasy.’
    David Trainer, founder of investment research firm New Constructs, ran a model showing Nvidia stock is unlikely to reward future investors at this level.  ( 9 min )
    Marvell Stock Soars on AI Earnings Remarks
    The chip maker's CEO says that "AI has emerged as a key growth driver for Marvell."  ( 22 min )
    Paramount Global Controlling Shareholder Gets $125 Million Investment
    The cash infusion in Shari Redstone’s National Amusements comes weeks after Paramount cut its dividend, a key source of income for Redstone and her family.  ( 27 min )
    Chipmaker Marvell Beats Estimates, Calls AI 'A Key Growth Driver'
    No content preview
    Workday Earnings, Revenue Top Estimates; Outlook In Line. WDAY Stock Jumps
    No content preview
    Icahn Enterprises continues to tumble following Hindenburg short report, Bill Ackman's responses
    The business empire of corporate raider and activist investor Carl Icahn continues to tumble amid the fallout following a recent report from short-selling firm Hindenburg Research — and losses are accelerating as a longtime rival echoes the firm's allegations. In the report, published on May 2, Hindenburg claimed that Icahn Enterprises has been using inflated asset valuations. Based in Sunny Isles Beach, Florida, Icahn Enterprises has stakes in businesses ranging from food packaging and automotive to real estate and pharmaceuticals.  ( 8 min )
    US economy beats back 'dubious' recession fears after GDP, jobs data top expectations
    Despite fears of a recession, incoming data continues to point to an economy that's growing.  ( 7 min )
    Qualcomm: Why its stock, along with Nvidia, should get a boost from the AI boom, too
    Though the AI boom has massively benefited Nvidia, AI – and generative AI specifically – also marks a major opportunity for other chip companies like Qualcomm, the company's SVP of Product Management Ziad Asghar told Yahoo Finance Live.  ( 8 min )
    2 Stocks to Play the AI Boom, From Nvidia CEO’s Earnings Call Remarks
    On the company's earnings call, CEO Jensen Huang may have pointed to two good AI plays.  ( 30 min )
    What would happen to a Treasury bill after default? Six key questions
    The U.S. Treasury Department is at risk of defaulting on its debt if Congress doesn't act to lift the debt ceiling before it is reached, which could happen as soon as June 1. For holders of Treasury bills, notes and bonds, that raises uncertainty over whether the issues they hold will be affected, and what happens if the debt is not repaid or an interest payment is skipped. No. Treasuries do not have any cross default provisions so a skipped payment on one issue will not necessarily impact others.  ( 7 min )
    Nikola stock at risk of delisting, closes at all-time of low of 62 cents
    Nikola shares touched a 52 week low. The stock has closed under $1 for more than 30 consecutive business days and is at risk of being delisted.  ( 8 min )
    Nikola stock at risk of delisting, hits all-time of low of 60 cents
    Nikola shares touched a 52 week low. The stock is at risk of being delisted.  ( 7 min )
    Alibaba's Strategic Growth: Announces Plan to Hire 15,000 Despite Downsizing Reports
    Alibaba Group Holding Limited (NYSE: BABA) shared plans to hire 15,000 people in 2023, sharply contradicting reports of its layoff plans. The Chinese e-commerce platform voiced a requirement of 15,000 recruits for its six major business divisions. The company said it would recruit 3,000 university graduates. Also Read: Navigating Alibaba's Bumpy Road: Analyst Holds Positive, Adjusts Price Target Downward Alibaba snubbed reports of layoffs as "rumors" and said employee departures are part of the  ( 7 min )
    Cathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion Surge
    (Bloomberg) -- Cathie Wood’s flagship exchange-traded fund closed out its Nvidia Corp. stake in early January. Then, came the artificial intelligence frenzy that sent the stock and its big tech peers on a tear.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofFirs  ( 8 min )
    U.S. Treasury debt announcement signals to some June 1 is not 'X-date'
    Treasury's Bureau of Fiscal Management said it would auction $119 billion of 3-month and 6-month bills on Tuesday, with the sales formally settling two days later on June 1. According to research firm Wrightson ICAP, the bureau would not typically announce an upcoming sale "until it is certain that it has room under the debt ceiling for the new securities."  ( 7 min )
    The Best Investor You've Never Heard Of Is A Self-Made Billionaire Optometrist Inventor
    Meet Dr. Herbert Wertheim, the billionaire optometrist who Forbes hailed as “the greatest investor you’ve never heard of.” He quietly built a stock portfolio estimated at $4.6 billion. Affectionately known as Dr. Herbie, Wertheim has built his portfolio through traditional, time-tested investment strategies. By primarily investing through ordinary Fidelity Investments and Charles Schwab accounts, he has been able to steadily grow his wealth. Don't Miss: Why Jason Calacanis and Other Silicon Vall  ( 8 min )
    Biden, McCarthy Close to Deal on Debt Ceiling, According to Report
    President Joe Biden and House Speaker Kevin McCarthy are coming close to a deal on the debt ceiling, according to a report from Reuters that cited a person familiar with the matter. The Dow Jones  ( 25 min )
    Warren Buffett Makes Mistakes Too — This One Cost $11 Billion
    Even financial gurus like Warren Buffett, CEO of Berkshire Hathaway Inc., are not immune to making mistakes or bad investments. Buffett has acknowledged a costly “mistake” that impacted the conglomerate’s financials. Despite earning $42.5 billion in 2020, Buffett revealed in his annual letter to shareholders that the company had incurred a substantial loss of $11 billion because of an ill-fated acquisition. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Start  ( 8 min )
    There’s an AI war, and Nvidia is the only arms dealer: Analyst
    Shares of Nvidia ripped higher Thursday, as the company rides the AI wave.  ( 8 min )
    JPMorgan not renewing First Republic customers' personal credit lines -source
    The affected clients are being offered the option to transform their revolving credit lines into fixed-term loans at the same rate for a period of up to five years, the report said, adding First Republic is also asking customers if they would prefer to pay off their credit lines. First Republic's business model was to lure high net-worth customers with preferential rates on mortgages and loans.  ( 7 min )
    The Nasdaq Is About to Break Out Thanks to Nvidia. Here’s How High It Could Go.
    Thursday’s gain brings it closer to 13,000, the index’s recent peak in August and a level it hasn’t retuned to since.  ( 23 min )
    Nikola Stock Is Plunging. Could It Be Delisted?
    Shares of Nikola, a provider of electric vehicles and fuel-cell technology, are down more than 17% Thursday. There are a couple of reasons why, including the stock's own depressed price.  ( 22 min )
    Pratt & Whitney says India's Go First has no right over engines
    Pratt & Whitney has no engines currently available for India's Go First airline, which also has no rights over them, the counsel for the U.S. firm told a Delaware court on Thursday as the two companies engaged in a raging dispute over the supplies. The Indian airline has approached the Delaware court to enforce an arbitration order it won in Singapore against Pratt & Whitney, which it blames for its financial troubles and argues the U.S. firm failed to supply engines on time. Pratt says those claims are without merit.  ( 6 min )
    Carl Icahn's IEP slumps after old rival Ackman reignites feud
    Icahn Enterprises LP's stock tumbled as much as 24.7% to $18.03, deepening losses of more than 60% that were recorded following short-seller Hindenburg Research's scathing attack on the company three weeks ago. In a memorable clash a decade ago, the billionaire had shorted supplement company Herbalife, in which activist investor Icahn was a shareholder.  ( 7 min )
    Rivian Is If ‘Google and Toyota Had a Baby.’ That’s Good for the Stock.
    The EV upstart is on the right path, says one analyst.  ( 22 min )
    What's Going On With Stratasys Stock Today
    Stratasys, Ltd (NASDAQ: SSYS) stock is trading higher Thursday following Nano Dimension Ltd's (NASDAQ: NNDM) unsolicited special tender offer to acquire between 53% and 55% ownership of Stratasys. Nano Dimension proposed to acquire between 53% - 55% ownership of Stratasys for $18.00 per share in cash. Nano Dimension's all-cash special tender offer represents a premium of 26% to Stratasys' closing price of $14.26 as of March 3, 2023. Nano Dimension has been trying to woo Stratasys since at least  ( 7 min )
    Thousands of Old Pensions Are Going Unclaimed. How to Find Out If One of Them Is Yours
    Once upon a time, retirement in America was referred to as "a three-legged stool." The first leg was your expected Social Security benefits, the second leg was your own personal savings and the third was something old-timers called a pension. … Continue reading → The post Thousands of Old Pensions Are Going Unclaimed. How to Find Out If One of Them Is Yours appeared first on SmartAsset Blog.  ( 8 min )
    Nvidia Short Sellers Lose $2.3 Billion in One Day as Stock Soars
    (Bloomberg) -- Traders betting against Nvidia Corp. suffered massive losses as the chipmaker’s stock surged to a record high after it forecasts sales that far surpassed the average analyst estimate. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchFirst Republic’s $35 Million Banker Outearned JPMorgan’s Dimon Before BustUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseJPMorgan Tells 1,  ( 7 min )
    Intel Stock Sinks as Nvidia Pops
    Intel stock was falling sharply Thursday as investors sold shares of the tech company amid competitive concerns as Nvidia reported strong earnings. Intel (ticker: INTC) was the worst performer in the Dow Jones Industrial Avera  ( 25 min )
    Nvidia's Success Will Carry Some Chip Stocks But Not Intel and AMD
    Chipmaker Nvidia stunned analysts with its first quarter results which will have a knock-on effect on other stocks such as ASML, TSM and SMCI, but not AMD and Intel.  ( 18 min )
    Nvidia Stock Surge Is a Warning to Tesla—and Vice Versa
    The chip maker's incredible quarter—and share price gain—holds both promise and peril for another stock market darling.  ( 26 min )
    Icahn Enterprises Stock Continues to Drop. Bill Ackman Weighs In.
    A long-running feud between activist hedge fund managers Carl Icahn and Bill Ackman is revived as the latter tweets about the embattled shares of the former's investment vehicle.  ( 26 min )
    Nvidia stuns markets and signals how artificial intelligence will reshape technology sector
    Shares of Nvidia, already one of the world's most valuable companies, skyrocketed Thursday after the chipmaker forecast a huge jump in revenue, signaling how vastly the broadening use of artificial intelligence could reshape the tech sector. Late Wednesday the maker of graphics chips for gaming and artificial intelligence reported a quarterly profit of more than $2 billion and revenue of $7 billion, both exceeding Wall Street expectations. "It looks like the new gold rush is upon us, and NVIDIA is selling all the picks and shovels,” Susquehanna Financial Group’s Christopher Rolland and Matt Myers wrote Thursday.  ( 8 min )
    Oil Falls as Russia Says OPEC+ to Hold Steady, Stronger Dollar
    (Bloomberg) -- Oil fell as the dollar strengthened and Russia played down the likelihood of OPEC+ cutting production further.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges AnewWest Texas Intermedi  ( 7 min )
    Gen Z should never work from home if they want success—or love, NYU professor says
    He also claimed that work-life balance is a myth.  ( 8 min )
    Palantir, AMD, and Other AI Stocks Rally on Nvidia’s Earnings
    The chip maker's blowout guidance sent shares of other AI-exposed companies, such as Microsoft and Alphabet, higher.  ( 23 min )
    Carl Icahn's Power Play at Illumina: Potential Board Changes and Management Overhaul
    According to undisclosed sources, activist investor Carl Icahn is poised to secure enough shareholder support to place Andrew Teno, an Icahn nominee, to join the board of Illumina Inc (NASDAQ: ILMN). However, it should be noted that the tally has not yet been finalized, and shareholders still have the opportunity to modify their votes before the commencement of the company's annual shareholder meeting on Thursday, Reuters reported. Also Read: Carl Icahn Admits Making A Mistake On Bearish Bet, Sa  ( 7 min )
    Oil down 3% on “no new OPEC cut”; Russians speak for Saudis
    The Russians aren’t helping the price of oil — to the delight possibly of the West and the utter frustration likely of other producers within the OPEC+ alliance, not to mention market bulls. Crude prices tumbled some 3% Thursday after Russian Deputy Prime Minister Alexander Novak, who is also the nation’s de facto oil minister, said he expected no new steps from OPEC+ at its meeting on June 4. Given that Saudi Energy Minister Abdulaziz bin Salman had hinted just 24 hours earlier of the possibility of another round of production cuts at the meeting, Novak’s remarks meant only one thing — that the alliance will keep output unchanged.  ( 8 min )
    Dow Jones Falls After Surprise Drop In Jobless Claims; Nvidia Soars 25% On AI Chip Demand
    No content preview
    Medtronic Slumps On Light Earnings Outlook; Announces $738 Million Buyout
    No content preview
    McCarthy Says Issues Remain in Debt Talks, All Won’t Be Happy
    (Bloomberg) -- Speaker Kevin McCarthy said issues remain in negotiations with the Biden administration on raising the federal debt limit as the clock ticks down to the point when the Treasury runs out of cash.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill  ( 6 min )
    ‘We’re Going Up’: Billionaire Steve Cohen Loads Up on These 2 ‘Strong Buy’ Stocks — Here’s Why You Should Follow
    The phrase ‘a recession is coming’ has attained a mantra-like quality in recent times, reflecting the prevailing belief that a downturn in the economy is imminent. However, taking a stance in opposition to the doom sayers, billionaire Steve Cohen is keeping an optimistic outlook. “I’m making a prognostication — we’re going up,” Cohen said recently. “I’m actually pretty bullish.” That might be a bold statement to make right now, but it’s not as if Cohen has had no success in taking the fearless r  ( 10 min )
    Hedge fund billionaire Bill Ackman goes for the jugular with his archrival Carl Icahn on the ropes, comparing his firm to the infamous implosion of Archegos
    Personal loans secured against the value of Icahn's ownership in his own investment firm could prove highly unstable, the Pershing Square founder warns.  ( 9 min )
    How Much Money Can I Make Before the IRS Considers My Hobby to be a Taxable Business?
    Operating a business on the side can give you valuable tax deductions as well as extra income. However, the Internal Revenue Service (IRS) decides if the business is actually a hobby or not. If the IRS says it is, you … Continue reading → The post IRS Hobby vs. Business: What It Means for Taxes appeared first on SmartAsset Blog.  ( 9 min )
    Costco earnings preview: State of the consumer, potential membership price hike in focus
    Costco (COST) is set to report earnings Thursday after market close as consumers search for value offerings amid higher grocery prices and continue to move away from spending on big ticket items.  ( 8 min )
    First Republic’s $35 Million Banker Outearned JPMorgan’s Dimon Before Bust
    (Bloomberg) -- First Republic Bank made its name catering to wealthy clients across California and New York, reeling in many with unusually sweet mortgages that eventually doomed the firm.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill Ackman Says Icahn ‘So  ( 9 min )
    XPeng Catches New Sell Rating. Things Are Bad and They’re Not Getting Better.
    Thursday, Barclays analyst Jiong Shao downgraded XPeng to Sell from Hold. His price target went to $6 a share from $8.  ( 22 min )
    Wall Street Is Rethinking Its Gloomy Outlook for Stock Market
    (Bloomberg) -- Stock market strategists and portfolio managers who expected equities to go nowhere in 2023 are changing their tune as their fears transform into the fear of missing out on a potential rally. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofDeaths  ( 8 min )
    Dollar Tree Stock Falls. ‘Elevated Shrink’ Leads to Profit Guidance Cut.
    The discount retailer posts first-quarter adjusted earnings of $1.47 a share, below analysts' expectations of $1.53.  ( 26 min )
    Nvidia stock explodes after 'guidance for the ages': What Wall Street is saying
    Nvidia cements its market darling status after blowout quarter and outlook.  ( 9 min )
    AI Darling Criticized for Product Delays, Founder Tom Siebel’s Micromanaging
    (Bloomberg) -- The AI hype cycle has birthed innumerable boosters. An unlikely member of this group is Silicon Valley billionaire Tom Siebel.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges AnewSinc  ( 14 min )
    AI Darling Criticized for Product Delays, Founder Tom Siebel’s Micromanaging
    (Bloomberg) -- The AI hype cycle has birthed innumerable boosters. An unlikely member of this group is Silicon Valley billionaire Tom Siebel.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofDeaths Soar on Everest After Record Number of Climbers Attempt SummitSinc  ( 14 min )
    Nasdaq futures surge as Nvidia soars: Stock market news today
    Stocks were mixed on Thursday morning as Nvidia led a tech rally despite debt ceiling concerns hanging over broader markets.  ( 8 min )
    3D printer maker Stratasys to merge with Desktop Metal in deal valued at $1.8 billion
    The transaction comes after Stratasys rejected multiple takeover offers from Nano Dimension Ltd, its largest shareholder with a 14.2% stake. Nano on Thursday launched a hostile $18.00 per share all-cash offer to boost its stake in Stratasys to between 53% and 55%. Desktop Metal stockholders will receive 0.123 ordinary shares of Stratasys for each share of Desktop Metal Class A common stock.  ( 7 min )
    Ford Stock Is Upgraded. What the Company Didn’t Say That Did It.
    Daiwa analyst Jairam Nathan upgrades shares of Ford to Hold from Sell. What the auto maker didn't say at its analyst event is the reason.  ( 22 min )
    UPDATE 2-Medtronic forecasts annual profit below estimates as stronger dollar weighs
    Medtronic Plc on Thursday forecast annual profit below Wall Street estimates, as the medical device maker expects stronger dollar to continue dragging its sales down in international markets. Medtronic has warned of a delayed improvement in earnings this year as its costs continue to remain high despite restructuring efforts. It expects profit to be in the range of $5 per share to $5.10 per share for the fiscal year 2024, lower than analysts' estimates of $5.20 per share, according to Refinitiv IBES data.  ( 6 min )
    Medtronic forecasts annual profit below estimates as stronger dollar weighs
    Medtronic Plc beat Wall Street estimates for quarterly profit on Thursday, helped by a recovery in non-urgent surgical procedures that were delayed during the pandemic as well as strong demand for its heart and diabetes devices. Excluding items, the Dublin-based medical device maker reported a profit of $1.57 per share for the fourth quarter, slightly above analysts' average estimate of $1.56 per share, according to Refinitiv IBES data.  ( 6 min )
    White House, Republicans seek to close US debt-ceiling deal as deadline nears
    The White House and congressional Republicans on Thursday are expected to resume negotiations on a deal to raise the government's $31.4 trillion debt ceiling, with as little as a week remaining until a potential economically catastrophic default. Democratic President Joe Biden and House of Representatives Speaker Kevin McCarthy are at odds over spending, taxes and work requirements for anti-poverty programs. "We'll continue to work through this, try to get a solution," McCarthy, the top Republican in Congress, told reporters after his negotiators returned from a four-hour White House meeting on Wednesday.  ( 7 min )
    These Stocks Are Moving the Most Today: Nvidia, AMD, Snowflake, Splunk, UiPath, American Eagle Outfitters, and More
    Nvidia issues a bullish sales forecast for its fiscal second quarter and the stock soars, Snowflake slashes its revenue outlook, and Splunk's adjusted earnings easily top estimates.  ( 23 min )
    ‘I’ve never saved a dime’: Shark Tank’s Barbara Corcoran has spent her millions—including giving half of it away
    The Shark Tank star said she got her spending philosophy from her mother—and it's served the real estate titan well.  ( 8 min )
    TD, RBC miss profit estimates as bad loan provisions rise; CIBC beats
    Royal Bank of Canada reported a drop in second-quarter profit on Thursday, as tough economic conditions spurred the lender into building higher provisions to prepare for more borrowers falling behind on their loan repayments. Net income fell 14% to C$3.65 billion ($2.70 billion) or C$2.58 per share for the three months ended April 30, compared with C$4.25 billion, or C$2.96 per share, a year earlier.  ( 6 min )
    Snowflake Plunges as Sales Forecast Miss Signals Cloud Woes
    (Bloomberg) -- Snowflake Inc. gave a sales outlook for the current quarter that fell short of expectations, suggesting that many companies are trimming their spending for cloud software amid uncertain economic conditions. The shares declined more than 12% in extended trading.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Bigges  ( 7 min )
    Nvidia Earnings Spark Huge AI Stock Rally. The Hype Keeps Building.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )
    A Cheaper Way to Bet on AI Than Investing in Nvidia
    Nvidia shares jumped after it forecast a revenue tailwind from the artificial-intelligence race, but if you don’t want to shell out for the expensive stock, there are other options.  ( 27 min )
    China Equity Rout Deepens as Traders Rush to Sell Before Holiday
    (Bloomberg) -- Chinese stocks in Hong Kong plunged as investors trimmed positions ahead of a long weekend, with disappointing earnings from electric-vehicle maker XPeng Inc. spurring a selloff in automobile shares.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17US Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseMcCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car Roof  ( 8 min )
    Nvidia is on track to break a stock market record held by Apple in the US
    Chipmaker Nvidia’s upbeat earnings gave its stock a boost unprecedented in the company’s history and in the history of the US stock market.  ( 8 min )
    Nvidia surges past $900bn market value after forecast surprise—but its CEO warns Biden’s chip controls have the industry’s ‘hands tied’
    Nvidia shares jumped almost 25% in extended trading after the chipmaker gave a revenue forecast 50% higher than analyst estimates.  ( 9 min )
    Netflix’s Password Crackdown Has Put Me in a Tough Spot. Who’s Going to Pay for My 3 Adult Children?
    Netflix's new "paid sharing" policy could boost revenue and improve profits. But it's a big headache for parents with adult children.  ( 22 min )
    China Warnings Flash Across Global Markets as Growth Disappoints
    (Bloomberg) -- China’s muted economic rebound, and Beijing’s reluctance to deploy large-scale stimulus, are reverberating around the globe, crushing commodity prices and weakening equity markets.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17US Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseMcCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofLula Lashes Out and  ( 8 min )
    Icahn vs. Illumina: The CEO’s Job—and Icahn’s Reputation—Are on the Line
    Activist investor Carl Icahn is seeking to unseat Illumina’s chairman and its CEO, and put three of his own people on the company’s board.  ( 22 min )
    Nvidia Set to Beat Apple for Record Single-Day Market Value Gain
    (Bloomberg) -- Nvidia Corp. may be poised for a record one-day jump in value for a US company after it raised its outlook on voracious demand for chips used in artificial intelligence applications.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17US Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseMcCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofLula Lashes Out a  ( 7 min )
    Why are you suddenly being asked to tip more? It could be because workers are getting more expensive.
    In addition to waiters, baristas, and drivers, Americans are wondering why they're being asked to tip at fast food restaurants and self-checkout.  ( 8 min )
    Russia is the real threat to Saudi Arabia as Moscow targets key oil market, veteran analyst says
    No content preview
    Twitter almost blew its big moment as ‘melting’ servers and decimated staff struggled to keep the lights on for DeSantis announcement
    Elon Musk blames overloaded servers for Twitter Spaces crashing while Florida governor Ron DeSantis announces his presidential run on the platform's live audio feature.  ( 7 min )
    Nvidia Ignites AI Chip Stock Rally After ‘Blow-Out’ Forecast
    (Bloomberg) -- Nvidia Corp. results showing that customers are binging on chips used in artificial intelligence computing sent a complex of stocks tied to the burgeoning technology soaring. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofMcCarthy, Graves Signal Impasse in White House Debt TalksLula Lashes Out and Sends  ( 7 min )
    Nvidia sees “two simultaneous transitions” in tech—and investors are psyched
    With companies like Google and Microsoft racing to integrate artificial intelligence into their services, there’s already one clear winner: Nvidia, which makes the chips powering the AI boom.  ( 7 min )
    ‘Yesterday’s Losers, Tomorrow’s Winners’: Goldman Sachs Says These 2 Energy Stocks Are Poised for a Turnaround
    In physics, gravitation dictates that what goes up must come down. The stock market, however, is a bit less predictable. Stocks can follow the crowd, buck the market’s trend, or just mosey along. This year, energy stocks are bringing up the bottom of the pack, underperforming the broader markets. However, it’s worth noting that what goes down can still come back up. In this regard, the investment giant Goldman Sachs has been identifying energy stocks that are primed to recoup their losses — and  ( 11 min )
  • Open

    DNB-president Knot wil dat ECB de rente tot en met juli blijft verhogen
    De Europese Centrale Bank (ECB) zal de rentetarieven in de eurozone ook in juni en juli nog moeten verhogen om de hoge inflatie onder controle te krijgen. De inflatie blijkt namelijk hardnekkiger dan verwacht, benadrukt president Klaas Knot van De Nederlandsche Bank (DNB) in een interview met vier grote Europese kranten.  ( 4 min )
    Personeel van autofabriek Nedcar gaat weer staken
    Medewerkers van de Nedcar-autofabriek in het Limburgse Born gaan volgende week weer staken. Ze hebben een bod voor een sociaal plan van eigenaar VDL afgewezen.  ( 3 min )
    Gasprijs in duikvlucht: gas is al twaalf keer zo goedkoop als vorige zomer
    De marktprijs voor gas blijft maar dalen en is donderdag gezakt naar 25 euro per megawattuur. Dat is vier keer zo laag als begin dit jaar en zelfs twaalf keer lager dan in augustus 2022. Uiteindelijk zien we dat ook terug op de energierekening.  ( 4 min )
    Explainer | Hoe Europa gezamenlijk de gasprijs omlaag duwt
    De gasprijs blijft de laatste maanden maar dalen. Die daling heeft meerdere oorzaken. Nieuw is dat EU-landen, samen met een aantal andere Europese landen, gezamenlijk gas kunnen inkopen. Dat werkt zo.  ( 3 min )
    ECB wil dat EU-landen energiesteun afschaffen om hoge inflatie tegen te gaan
    EU-lidstaten zouden hun steunmaatregelen die zijn bedoeld als compensatie voor de hoge energieprijzen moeten afbouwen. Zo kunnen de nationale overheden de hoge inflatie tegengaan, zegt beleidsmaker François Villeroy de Galhau van de Europese Centrale Bank (ECB).  ( 3 min )
    Duitsland belandt in recessie
    De Duitse economie is in een recessie terechtgekomen. De grootste Europese economie kromp twee kwartalen achter elkaar. Dit komt vooral door huishoudens die minder geld uitgeven.  ( 3 min )
    Energierekening ietsje lager door daling transportkosten
    De energierekening wordt komend jaar een stukje goedkoper door dalende tarieven voor gastransport. Die tarieven moeten 20 procent omlaag, heeft toezichthouder ACM besloten. En dat zorgt voor een besparing van maximaal 5 procent op de energierekening.  ( 3 min )
    Maker Philips-tv's is nieuwe mouwsponsor van FC Barcelona
    Ambilight TV prijkt vanaf komend weekend op de mouwen van de spelers van FC Barcelona. De sponsoruiting is afkomstig van TP Vision, het bedrijf dat tv's voor Philips maakt.  ( 2 min )
    EU wil 200 miljard euro aan bevroren Russische tegoeden investeren in Oekraïne
    Sinds de oorlog in Oekraïne is in de Europese Unie ruim 200 miljard euro aan Russische tegoeden bevroren. Europa wil dat geld losweken voor de wederopbouw van Oekraïne.  ( 3 min )
    Veel kantoren voldoen niet aan energienorm, maar boetes blijven nog uit
    Hoewel alle kantoren sinds 1 januari minstens energielabel C moeten hebben, zijn er door het hele land nog duizenden gebouwen die niet aan die plicht voldoen. De eerste waarschuwingsbrieven vliegen de deur uit, maar handhaving is lang niet overal even streng.  ( 7 min )
    Bedrijven investeren nog altijd 1.000 miljard dollar in fossiele projecten
    Bedrijven investeren dit jaar wereldwijd voor zo'n 1.000 miljard dollar (ongeveer 930 miljard euro) in projecten voor fossiele energie. Vooral staatsbedrijven in het Midden-Oosten schroeven hun investeringen op. Dat berekende het internationaal energieagentschap IEA.  ( 4 min )
    Google maakt Android-spelletjes speelbaar op Windows-computers
    Ruim honderd spelletjes voor Android-smartphones zijn vanaf vandaag ook speelbaar op Windows-computers. Google heeft de software waarmee dit mogelijk is nu ook uitgebracht in Europa. Volgens het techbedrijf gaat het nog om een test.  ( 3 min )
    Transavia schrapt in juli en augustus opnieuw ruim tweehonderd vluchten
    Transavia schrapt in juli en augustus 210 vluchten vanwege een tekort aan vliegtuigen. Het merendeel van de betreffende reizigers is inmiddels omgeboekt, meldt de luchtvaartmaatschappij donderdag.  ( 3 min )
    Leraren dreigen met stakingen als er geen hoger loon komt
    Vakbonden in het onderwijs dreigen met acties en stakingen als het kabinet niet met extra loon over de brug komt. De bonden hebben een ultimatum aan het kabinet gesteld dat 16 juni verloopt. Daarin eisen ze een loonsverhoging van 12 procent.  ( 4 min )
    Duitse huishoudens geven minder uit wat leidt tot recessie
    De Duitse economie is in een recessie terechtgekomen. De grootste Europese economie kromp twee kwartalen achter elkaar. Dit komt vooral door huishoudens die minder geld uitgeven.  ( 3 min )
    Leraren dreigen met staken als er geen hoger loon komt
    Vakbonden in het onderwijs dreigen met acties en stakingen als het kabinet niet met extra loon over de brug komt. De bonden stellen een ultimatum aan het kabinet dat 16 juni verloopt en daarin eisen ze een loonsverhoging van 12 procent. Komt die verhoging er niet, dan dreigen ze met acties in het volgende schooljaar.  ( 3 min )
    Vrachtschip vaart weer na enkele uren vastgelopen te zijn in Suezkanaal
    In het druk bevaren Suezkanaal is donderdagochtend opnieuw een schip vastgelopen. Het gaat om het vrachtschip Xin Hai Tong 23, dat een tijdje schuin in het kanaal lag. Daardoor kon ander scheepvaartverkeer er niet langs. Inmiddels is het schip door sleepboten losgetrokken.  ( 3 min )
    Opnieuw groot vrachtschip vastgelopen in Suezkanaal
    In het druk bevaren Suezkanaal is donderdagochtend opnieuw een schip vastgelopen. Het gaat om het vrachtschip Xin Hai Tong 23, dat een tijdje schuin in het kanaal lag. Daardoor kon ander scheepvaartverkeer er niet langs. Inmiddels is het schip door sleepboten losgetrokken.  ( 3 min )
    Slaaptrein naar Berlijn gaat van start na lange zoektocht naar wagons
    Vanaf donderdag rijdt voor het eerst sinds 2014 weer een reguliere slaaptrein tussen Amsterdam en Berlijn. De Nederlandse start-up European Sleeper heeft na een lange zoektocht genoeg rijtuigen gevonden om mee naar de Duitse hoofdstad te rijden.  ( 5 min )

  • Open

    McCarthy Signals Debt Deal Optimism as US Put on Credit Watch
    (Bloomberg) -- House Speaker Kevin McCarthy’s optimism that White House and GOP negotiators would reach a deal in time to avert a potentially catastrophic default didn’t mollify analysts as the US was put on a ratings watch late Wednesday. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchMcCarthy, Graves Signal Impasse in White House Debt TalksLula Lashes Out and Sends Warning to Central Bankers  ( 8 min )
    Xi Remade China's Tech Industry in His Own Image With Crackdown
    (Bloomberg) -- Chinese leader Xi Jinping has used policy, capital and outright decree to mold the world's No. 2 economy in his own image. After over a decade in power, an intensifying struggle for tech leadership with the US and a sputtering domestic economy suggest he'll have to once again recalibrate the country's giant internet and manufacturing sectors.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksMcCarthy Says GOP and White House ‘Have Time’ to Reach Debt  ( 11 min )
    Nvidia's results spark nearly $300 billion rally in AI stocks
    Stocks related to artificial intelligence surged in extended trade on Wednesday, adding almost $300 billion in market capitalization after chipmaker Nvidia Corp forecast strong revenue growth and said it was boosting production of its AI chips to meet surging demand. Nvidia's stock zoomed as much as 28% after the bell to trade at $391.50, its highest level ever. "With all the enthusiasm around AI and the fact Nvidia delivered a huge beat for first-quarter results and second-quarter estimates, this gives some actual evidence AI is for real," said Daniel Morgan, senior portfolio manager at Synovus Trust in Atlanta.  ( 7 min )
    'BudLighted': Target is latest to face boycott calls over support for the LGBTQ+ community
    “BudLighting” is a strategy of branding companies as “woke” and calling for boycotts over everything from gender-inclusive swimwear to Bud Light beer.  ( 9 min )
    Ackman calls out Icahn's IEP over high premium after Hindenburg report
    The billionaire investor said in a tweet on Wednesday that he was "fascinated" by the situation between the short seller and Icahn Enterprises, while noting that the company's premium had been sustained by a large dividend yield. "The yield is generated by returning capital to outside shareholders, which is in turn funded by the company selling stock to investors," Ackman said, adding the system is highly dependent on the "maintenance of the premium and the placidity of Icahn's margin lender(s)". Bill Ackman declined to comment beyond his tweet.  ( 7 min )
    UiPath Shares Tumble as July Quarter Outlook Disappoints
    The provider of business automation software cautions that results could be affected by a recent reorganization of its sales team.  ( 22 min )
    Nvidia Shares Leap 20% on Record Data Center Revenue
    Nvidia shares jumped in extended trading on Wednesday after the company beat earnings expectations and said there was a surge in demand for its AI products.  ( 16 min )
    Dow Jones Futures: Nvidia Surges Late On Blowout Earnings, Guidance; Other AI Stocks Rally
    No content preview
    Nvidia Poised for Record Sales as AI Demand Kicks In
    The graphics-chip giant forecast a strong revenue bounce back for the current quarter, driven by growing appetite for generative AI technology.  ( 28 min )
    Verizon warns customer service employees of impending layoffs- The Verge
    More details will be shared by Verizon on May 25, the report said, citing a prerecorded message that employees received. A demand downturn on account of elevated inflation and rising interest rates has forced several U.S. companies ranging from Meta Platforms Inc to Alphabet Inc to lay off thousands of their employees. Verizon in April had missed its first-quarter revenue and free cash flow estimates, hit by wireless subscriber losses as inflation-hit Americans delayed device upgrades and a pandemic-led growth boom fizzled out.  ( 7 min )
    Retirement Crisis: Older Americans Struggle to Afford Life After Work
    Rethink that retirement party. More and more, seasoned workers are defying expectations and staying put in the workforce for a compelling reason-they simply can't afford to retire. That's the finding from a new study by Korn Ferry that found that … Continue reading → The post Retirement Crisis: Older Americans Struggle to Afford Life After Work appeared first on SmartAsset Blog.  ( 8 min )
    Bill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges Anew
    (Bloomberg) -- Bill Ackman said Hindenburg Research has “outed” the way billionaire Carl Icahn runs his publicly traded company and suggested shares have room to fall after tumbling to the lowest levels since 2009.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksLula Lashes Out and Sends Warning to Central Bankers EverywhereWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutRussian Wagner Chief Blasts Outcome of Putin’s Ukraine War GoalsWorld’s Biggest Nuc  ( 7 min )
    3D Printer Company Stratasys Is in Talks to Merge with Alphabet-Backed Desktop Metal
    (Bloomberg) -- Stratasys Ltd. is in talks to acquire Desktop Metal Inc. in an all-stock deal that would create a leading 3D printer company in a fragmented industry, according to people familiar with the matter. Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofUS Equities Pare Losses as Debt-Talks Resume: Markets WrapRussian Wagner  ( 7 min )
    Snowflake Shares Melt as Outlook Disappoints
    While results for the quarter ending in April were solid, the company provided a disappointing outlook for the July quarter, and reduced its full-year view.  ( 22 min )
    AI Chipmaker Nvidia Smashes Quarterly Estimates On Strong Data-Center Sales
    No content preview
    Snowflake Stock Plunges On Weak Outlook Amid Slower Cloud Computing Growth
    No content preview
    Nvidia shares soar nearly 30% as sales forecast jumps and AI booms
    Nvidia Corp on Wednesday forecast second-quarter revenue above Wall Street estimates, as the growing popularity of artificial intelligence drives demand for its chips used in powering the technology at big data centers. The company forecast current-quarter revenue of $11 billion, plus or minus 2%. Analysts polled by Refinitiv expect revenue to be $7.15 billion.  ( 6 min )
    Biden administration urges Supreme Court not to hear Apple-Caltech patent case
    The U.S. solicitor general on Tuesday urged the U.S. Supreme Court to reject an appeal by Apple Inc and Broadcom Inc stemming from their $1.1 billion trial loss to the California Institute of Technology in a patent infringement case. Solicitor General Elizabeth Prelogar said the U.S. Court of Appeals for the Federal Circuit was correct when it ruled last year that the companies could not seek to invalidate Caltech's patents in court after Apple failed to raise its invalidity arguments at the U.S. Patent Office.  ( 7 min )
    Bud Light Controversy Spreads to Target, Sending the Stock Lower
    The retailer says employees have received threats since its Pride Month collection was introduced.  ( 22 min )
    Stocks Remain Lower After Fed Minutes. Future of Rate Hikes Uncertain.
    Stocks remained lower Wednesday after minutes from the Federal Reserve's latest meeting showed that several participants were open to pausing interest-rate hikes. The Dow Jones Industrial Average was down 230 points, or 0.7%. The S&P 500 fell 0.7%, and the Nasdaq Composite dropped 0.8%. Minutes fr  ( 24 min )
    How much do I need to retire? A guide to financially making the most of your golden years
    Here's how you can set yourself up financially to make the most out of your post-career years.  ( 8 min )
    Investors Should Prepare for Dividend Stock Rebound, Goldman Strategists Say
    (Bloomberg) -- Companies that pay rich dividends have been stock-market laggards this year as investors piled into growth-oriented tech giants — but that’s about to change, according to Goldman Sachs.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofLula Lashes Ou  ( 7 min )
    We're entering a brutal new era for the housing market
    The brutal truth about the housing market's new Ice Age: If you don't already own a home, you're going to be screwed for years to come.  ( 11 min )
    Debt-Ceiling Fear Sends Yields on At Risk T-Bills Above 7%
    (Bloomberg) -- The deadlock in debt-ceiling negotiations is adding to default concern around a number soon-to-mature Treasury bills and also starting to dent investors' appetite for risk more broadly.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofStocks Slide as Sentiment on Global Outlook Sours: Markets WrapLula Lashes Out and S  ( 8 min )
    AB InBev Stock Falls Again as Bud Light Controversy Continues to Exact a Toll
    The stock is on pace for its worst month in nearly two years.  ( 22 min )
    Nvidia Q1 earnings: AI to power data center, as gaming continues to struggle
    Nvidia will report its Q1 earnings after the bell Wednesday.  ( 8 min )
    The most predicted recession ever maybe won’t happen. Get ready for the ‘asset class recession’
    An asset class recession would hit at a uniquely vulnerable time, as the share of Americans invested in stocks hasn’t been so high since the Great Financial Crisis.  ( 9 min )
    Janet Yellen Warns It Is ‘Almost Certain’ U.S. Would Miss Payments in Early June
    The Treasury secretary says her agency isn’t getting ready for a potential debt default.  ( 27 min )
    Elon Musk Bought This $50,000 Tiny Home To Use As A Guest House, Now A REIT Will Use It To Build Affordable Housing Communities
    Billionaires usually shop for grand mansions, but Elon Musk is not the usual billionaire. In 2022, the Tesla Inc. CEO made headlines by revealing that he owns a tiny home made by Boxabl, a company that specializes in making prefabricated modular housing units. Musk said he uses the tiny home as a guest house. But the unit, called the Casita, comes with plenty of features, including a full-size bathroom, kitchen, appliances, tall ceilings and big windows. Coming in at 361 square feet, the Casita  ( 8 min )
    Dow Jones Drops On McCarthy, Yellen Comments; Tesla Rival Falls On China Demand
    No content preview
    Biden Administration Paying Americans Thousands of Dollars to Upgrade Their Homes
    On Aug. 16, President Joe Biden signed the Inflation Reduction Act into law, directing billions of dollars to Americans looking to upgrade their homes, businesses and cars. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families One provision of the law allows Americans making less than $150,000 a year to claim a $7,500 tax credit for buying an electric car. The law also provides $9 billion in rebates to help people ele  ( 7 min )
    XPeng reports 45% sales drop in Q1, forecasts EV deliveries to fall in Q2
    Chinese pure-play electric vehicle maker XPeng reported a steep drop in sales in the first quarter, likely due to increased competition in the tight Chinese EV market, and an uneven recovery in the China following its lifting of COVID-19 protocols.  ( 8 min )
    Agilent CEO Sees Demand From Small Biotech Nearly ‘Shut Down.’ The Stock Tumbles.
    Analysts downgraded the laboratory instruments maker's stock after it trimmed its profit outlook for the year on a loss of demand.  ( 22 min )
    Nvidia and Meta Have Soared. Now It’s Amazon’s Turn.
    The stock has done well, but it hasn't gotten the narrative boost that some other big tech stocks have.  ( 22 min )
    Wall Street could be just 2 weeks away from a giant market crash, says ‘Dr. Doom,’ who predicted the 2008 crash
    Negotiators have failed to reach a deal so far despite a “hard deadline” looming.  ( 7 min )
    PacWest's latest bid to restore investor confidence
    The California regional lender sold assets of a real estate lending business, its second transaction announced this week.  ( 7 min )
    Meta's ‘Efficiency’ Layoffs Take a Toll on Employee Productivity
    (Bloomberg) -- Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company’s business departments. Now, remaining staff are hoping an uncomfortable limbo at the company can end.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofStocks Sl  ( 8 min )
    Wells Fargo Says Buy These 2 High-Yield Dividend Stocks — Including One With 17% Yield
    With EPS beats surpassing misses by a rather normal 4:1 ratio, 1Q23 earnings have been characterized as ‘better-than-feared.’ That said, since the Q1 earnings season began, the S&P 500’s returns have not been particularly impressive. This suggests to Wells Fargo equity analyst Christopher Harvey that rather than being boosted by earnings/fundamentals, the gains accrued so far this year have been driven mostly by “funding and liquidity.” And if that is the case, the omens are not great. “If credi  ( 10 min )
    PTC Therapeutics' Barrage Of Bad News Is Good News For Rival Reata Pharmaceuticals — Here's Why
    No content preview
    Stocks slide with debt talks, Fed minutes in focus: Stock market news today
    US stock futures slipped on Wednesday morning as investors fretted over a potential US debt default and braced for the release of minutes later from the Federal Reserve's policy meeting in May.  ( 8 min )
    Dividend Stocks Are a Victim of AI’s Success. It’s Time to Buy.
    Dividend-paying stocks are taking it on the chin as investors bet big on an artificial-intelligence boom spurred by ChatGPT. What to buy now.  ( 22 min )
    Debt Ceiling Negotiations Expected to Resume Wednesday Morning
    Negotiations to raise the U.S. debt ceiling are expected to resume Wednesday morning, according to a report from Reuters,and%20avoid%20a%2  ( 25 min )
    Why Analog Devices Stock Is Sinking After Solid Earnings
    The maker of semiconductors posted adjusted earnings of $2.83 a share for the April quarter, up 18% from the same period a year earlier. Quarterly revenue was $3.26 billion, up 10%.  ( 25 min )
    XPeng Stock Dips After Earnings. It Has a Demand Problem.
    Chinese EV maker XPeng reported first quarter results Wednesday. Sales missed Wall Street estimates.  ( 22 min )
    Sure, You Can Now Delay RMDs. But Think Twice Before You Actually Do
    Conventional logic says you should delay withdrawals from your tax-deferred retirement accounts as long as possible to maximize the tax-free compounding that can increase the size of your overall nest egg. But the IRS won't wait forever to get its … Continue reading → The post You Can Now Delay RMDs But Think Twice Before You Do appeared first on SmartAsset Blog.  ( 8 min )
    Agilent Downgraded After Strong Earnings. The Stock Is Diving. Here’s Why.
    The laboratory instruments maker posted earnings of $1.27 per share, better than the $1.26 expected by analysts.  ( 22 min )
    Bitcoin Falls. The Crypto May Be ‘Clinging on by Its Fingertips.’
    Bitcoin's April peak above $30,000 looks increasingly out of reach as U.S. debt-ceiling talks remain a key catalyst for cryptos.  ( 22 min )
    Kohl's reports surprise profit in 1Q helped by inventory cuts
    Kohl's posted a surprise profit for the fiscal first quarter, helped by the department store chain's moves to cut inventory in the wake of weak sales. The company, based in Menomonee Falls, Wisconsin, also affirmed its annual financial guidance, pushing up shares 11% higher in premarket trading on Wednesday. Kohl’s said that it it cut inventory by 6% while it continued to see sales momentum with its Sephora beauty shops and noted that its stores were more productive.  ( 8 min )
    USD/JPY Forecast – US Dollar Displays Resilience Against Japanese Yen
    The greenback continues to look for momentum, as the market is sitting just above the recent ascending triangle.  ( 7 min )
    Dow Jones Futures Fall Ahead Of Fed Minutes; Kohl's Soars On Surprise Profit
    No content preview
    XPeng Stock Drops After Q1 Earnings and Cautious Outlook: The Details
    XPeng Inc (NYSE: XPEV) reported a first-quarter FY23 sales decline of 45.9% year-on-year, to RMB4.03 billion ($587.31 million), missing the consensus of $741.07 million. The Tesla Inc (NASDAQ: TSLA) rival's quarterly vehicle deliveries decreased 17.9% Y/Y to 18,230. Revenues from vehicle sales decreased 49.8% Y/Y, mainly attributable to lower vehicle deliveries and the discontinuation of new energy vehicle subsidies. Gross margin contracted by 1,050 basis points to 1.7%. Vehicle margin contracte  ( 7 min )
    Kohl’s Delivers a Surprise Profit and the Stock Soars
    The retailer posts earnings of 13 cents a share in its first fiscal quarter. Analysts were expecting a loss of 43 cents.  ( 22 min )
    Buying Alibaba Stock Was a ‘Mistake,’ Al Gore’s Firm Says
    Generation Investment exited its stake in Chinese online giant Alibaba in the first quarter. It bought Microsoft, Texas Instruments, and Coupang stock.  ( 26 min )
    EUR/USD Forecast – Euro Sees Choppy Wednesday
    The euro has gone back and forth during the trading session on Wednesday, as we continue to determine whether or not we can go lower, or if we are going to turn things around.  ( 7 min )
    Chipmaker Analog Devices forecasts weak third-quarter results, shares fall
    The company forecast third-quarter revenue of $3.10 billion, plus or minus $100 million, the midpoint of which was lower than analysts' estimates of $3.16 billion, according to Refinitiv data. Analog Devices also said it expects current-quarter adjusted profit of $2.52 per share, plus or minus 10 cents, below estimates of $2.65 per share. The dour forecast mirrors the weakness seen at peer Texas Instruments Inc last month, with the chip industry struggling to shake off a slump that has led to a pile-up of inventory.  ( 7 min )
    What to do with your money as the U.S. inches toward a debt default
    Everything from the stock market to Social Security payments could be jolted if the U.S. defaults on its obligations.  ( 8 min )
    Bud Light Boycott Already Costs Anheuser-Busch $15.7 Billion
    No content preview
    Stock futures slide with debt talks, Fed minutes in focus: Stock market news today
    US stock futures slipped on Wednesday morning as investors fretted over a potential US debt default and braced for the release of minutes later from the Federal Reserve's policy meeting in May.  ( 8 min )
    Kohl’s Delivers a Surprise Profit and the Stock Soars
    The retailer posts earnings of 13 cents a share in its first fiscal quarter. Analysts were expecting a loss of 43 cents.  ( 22 min )
    XPeng Stock Is Down. It Has a EV Demand Problem.
    Chinese EV maker XPeng reported first quarter results Wednesday. Sales missed Wall Street estimates.  ( 22 min )
    Analyst Report: Markel Corp
    No content preview
    Analyst Report: National Fuel Gas Co.
    No content preview
    Daily Spotlight: Which is the Best Alternative?
    No content preview
    Market Digest: MKL, GSK, NFG
    No content preview
    Daily – Vickers Top Buyers & Sellers for 05/24/2023
    No content preview
    Daily – Vickers Top Insider Picks for 05/24/2023
    No content preview
    Target’s Pride collection is the latest casualty of increasing intolerance
    Target is pulling some Pride collection products off its shelves after some customers made their homophobic feelings known.  ( 9 min )
    Marketmind: Fears of 6% and US debt jam
    World markets are finally bracing for accidents as the U.S. debt ceiling impasse threatens to empty U.S. government coffers as soon as next week, but a return of 6% policy interest rates to the risk radar is just as jarring. Fear of a technical default on Treasury bills without a bipartisan agreement in Washington to lift the debt limit by June 1 is causing ever more ructions at the short end of the debt market. Tuesday's $35 billion auction of 21-day cash management bills that cover early June required a whopping 6.2% high yield - more than a percentage point above Federal Reserve policy rates.  ( 7 min )
    These Stocks Are Moving the Most Today: Intuit, Palo Alto, PacWest, Agilent, Toll, Nvidia, and More
    Intuit boosts its fiscal-year earnings and revenue outlook but its fourth-quarter profit estimate misses estimates, Palo Alto Networks raises guidance on profit, revenue, and billings for the fiscal year, PacWest sells a real-estate lending arm, and Agilent says customers becoming more conservative with spending decisions.  ( 23 min )
    Nvidia’s $400 Billion Rally Is Set for Reality Check
    (Bloomberg) -- The rally that’s added roughly $400 billion to Nvidia Corp.’s market value this year is about to be put to the test.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutXi Upends the Secretive World of $10,000-an-Hour China ExpertsLuxury Stocks Lose $30 Billion in One Day on Demand FearsChina’s New Covid Wave Set to See 65 Million Cases a WeekThe chipmaker has been at the heart of this year’s st  ( 9 min )
    Embracer shares plunge as $2bn deal falls through
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Dividend Stocks Are a Victim of AI’s Success. It’s Time to Buy.
    Dividend-paying stocks are taking it on the chin as investors bet big on an artificial-intelligence boom spurred by ChatGPT. What to buy now.  ( 22 min )
    Al Gore’s Firm Says Buying Alibaba Stock Was a ‘Mistake’
    Generation Investment exited its stake in Chinese online giant Alibaba in the first quarter. It bought Microsoft, Texas Instruments, and Coupang stock.  ( 23 min )
    Top Jupiter Fund Manager Says Markets Are Wrong on Fed and Builds Cash
    (Bloomberg) -- Mark Nash is shorting two-year Treasuries — what he calls the most dangerous US bonds — in a bet markets are wrong in predicting the Federal Reserve will cut interest rates this year. Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksChina’s New Covid Wave Set to See 65 Million Cases a WeekLuxury Stocks Lose $30 Billion in One Day on Demand FearsMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeWorld’s Richest Man Loses $11 Billion After  ( 7 min )
    Bill Ackman’s Fund Sells at Huge Discount to Asset Value
    Bill Ackman's Pershing Square Holdings trades at a 37% discount to its NAV as investors await his comments Wednesday.  ( 22 min )
    Asia Reopening Stocks Slump on China Covid Wave, US Macro Worry
    (Bloomberg) -- Asian travel and retail stocks fell amid concerns on the latest wave of Covid in China as well as a possible slowdown in the US economy.Most Read from BloombergCarl Icahn Is $15 Billion Poorer After Hunter Becomes the HuntedMcCarthy, Graves Signal Impasse in White House Debt TalksChina’s New Covid Wave Set to See 65 Million Cases a WeekMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeRussia Pushes India for Help to Avert Global Financial IsolationShares of luxury bran  ( 6 min )
    Nvidia’s Earnings: Artificial Intelligence Will Be Everything
    The company is leading maker of chips used for videogames, artificial intelligence, and cloud computing applications.  ( 22 min )
    Chip wars with China risk ‘enormous damage’ to US tech, says Nvidia chief
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Treasurys might be the riskiest asset class right now, and it's got nothing to do with the debt ceiling, according to Bank of America's top stock strategist
    "But if we are in this sticky inflationary environment, do you really want to be in cash or bonds?" Savita Subramanian said.  ( 7 min )
    Dow Jones Futures: Market Rally Retreats Amid Debt-Ceiling Drama; Nvidia Earnings Due
    No content preview
  • Open

    Debt Limitation Definition
    Debt limitation is a bond covenant that seeks to protect current lenders by restricting the amount of additional debt that the issuer might incur.  ( 20 min )
    How Jeff Bezos Became One of the World’s Richest People
    The engineering grad turned hedge fund VP quit a stable job to build “the everything store.”  ( 27 min )
    Nvidia Shares Leap 20% on Record Data Center Revenue
    Nvidia shares jumped in extended trading on Wednesday after the company beat earnings expectations and said there was a surge in demand for its AI products.  ( 16 min )
    Take a Flier Definition
    Take a flier refers to the actions of an investor actively engaging in a high-risk investment opportunity.  ( 21 min )
    Dow Jones Today: Debt Ceiling Delay Drags Down Index
    Stocks fell for a second straight day as negotiations on the debt ceiling continued, with 3M and Boeing helping lead shares lower.  ( 16 min )
    Intuit Shares Sink as Tax Season Revenue Falls Short
    TurboTax maker Intuit missed revenue estimates for key tax season and shares declined.  ( 16 min )
    Abercrombie & Fitch Posts an Unexpected Profit, Raises Outlook
    Abercrombie & Fitch surprised investors with a quarterly profit, and the retailer boosted its full-year guidance.  ( 16 min )
    Reverse Mortgage vs. Home Equity Loan vs. HELOC: What's the Difference?
    If you have equity in your home and need more cash, a reverse mortgage, home equity loan, and home equity line of credit are great options  ( 26 min )
    Markets Tumble as Debt Ceiling Talks Stall
    U.S. equites sank on Wednesday, May 24, 2023 as negotiations to raise the federal debt ceiling hit a snag, increasing the risk the government might default next month.  ( 16 min )
    Going Green With Exchange-Traded Funds (ETFs)
    As investors become more environmentally conscious, they have access to an increasing number of green exchange-traded funds (ETFs).  ( 23 min )
    Delivery Month Definition in Futures Contracts Plus Codes
    A delivery month is the month stipulated for delivery of the underlying commodity in a futures contract.  ( 19 min )
    Methodology for Savings, Money Market, & CD Rankings
    To help you find the right CD, savings, or money market account, we research 200 financial institutions every business day to unearth the best rates. Here's the criteria we use.  ( 20 min )
    Trillion-Dollar Coin: Meaning, Examples, and Use Cases
    The trillion-dollar coin is a proposed platinum coin with a face value of $1 trillion, which could be used to reduce the national debt.  ( 23 min )
    Empower vs. Vanguard Personal Advisor Services
    Empower (formerly Personal Capital) and Vanguard Personal Advisor Services are both excellent robo-advisors, but Vanguard Personal Advisor Services charges much less in fees.  ( 27 min )
    How to Invest in Gold: An Investor’s Guide
    Maximize your portfolio by learning about investment opportunities in gold, including bullion, mutual funds, futures, mining companies, and more.  ( 27 min )
    Top CD Rates Today, May 24
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Manufacturing Cells
    Manufacturing cells use lean environments by grouping together related equipment and personnel.  ( 18 min )
    Citizens Bank CD Rates: May 2023
    Citizens Bank offers a 14-month certificate of deposit (CD) account with a decent APY. Learn more about its features and how to open a new account.  ( 19 min )
    Where Presidential Candidates Get Campaign Funding
    American citizens of every political persuasion may justifiably wonder where all that money comes from and how it’s spent.  ( 19 min )
    State Oil Fund of the Republic of Azerbaijan (SOFAZ)
    The State Oil Fund of the Republic of Azerbaijan (SOFAZ) is a sovereign wealth fund established by the Republic of Azerbaijan.  ( 20 min )
    5 Tips to Keep in Mind to Begin Options Trading
    Learning just a few basic characteristics about options makes them very useful and easy to understand  ( 21 min )
    What Is a Guarantor? Definition, Example, and Responsibilities
    A guarantor is a person who guarantees to pay a borrower's debt if they default on a loan obligation. Read more about the role of a guarantor in finance.  ( 23 min )
    Amazon Prime Rewards Signature Visa Credit Card: Overview and Benefits
    Find out about the rewards the Amazon Prime Rewards Signature Visa Card offers, how to get it, who qualifies, and alternatives.  ( 26 min )
    How to Find a Financial Advisor or Planner at Any Age
    As you age, saving and investing become higher priorities. Read about finding the best financial professional for your current stage in life.  ( 25 min )
    What Is Revolving Credit? What It Is, How It Works, and Examples
    Revolving credit is an agreement that permits an account holder to borrow money repeatedly up to a set limit while repaying in installments. Here's how it works.  ( 25 min )
    Kohl's Reports Unexpected Quarterly Profit
    Kohl’s (KSS) investors got a positive surprise as the struggling department store chain reported an unexpected quarterly profit of 13 cents per share.  ( 16 min )
    What Is Sovereign Debt and What Are Its Unique Features?
    Sovereign debt is issued by a country's government in order to borrow money.  ( 22 min )
    Understanding Treasury Yields and Interest Rates
    Understanding the factors behind Treasury yields and interest rates is crucial for an investor.  ( 24 min )
    Mortgage Applications Decreased Again Last Week as Rates Climbed
    Homeowners looking to sell their homes are locked into lower rates, and as interest rates climb, would-be sellers are sitting out of the market.  ( 18 min )
    7 Ways To Invest $1,000
    Here are a few ways to invest $1,000 to help it grow.  ( 21 min )
    Revenue vs. Income: What's the Difference?
    Revenue is the total amount of income generated by the sale of goods or services, while income is earnings or profit—revenue minus expenses.  ( 23 min )
    Most Student Loan Borrowers Might Be Unscathed By Higher Interest Rates
    If you’re headed for college, federal student loan interest rates at 13-year highs can be disheartening. For many borrowers, however, interest rates could become virtually irrelevant.  ( 17 min )
    Autotrading Definition
    Autotrading is a trading plan based on buy and sell orders that are automatically placed based on an underlying system or program.  ( 20 min )
    How to Buy Stocks on eToro
    eToro offers an innovative trading platform highlighted by a unique social trading experience. This guide will help you learn how to use eToro's popular platform.  ( 20 min )
    What Is a Gold Bug?
    A gold bug is an investor that is bullish on gold.  ( 21 min )
    Box-Top Order Definition
    A box-top order is an order to buy or sell the best market price.  ( 19 min )
    Today's Mortgage Rates & Trends - May 24, 2023: Rates Surge
    The average mortgage rate on 30-year loans rose for the eighth day in a row, jumping 21 basis points. The 15-year average was also up again, though only modestly.  ( 19 min )
    FTC Investigates Abbott For Alleged Collusion in Federal Baby Formula Contract Bids
    Abbott, the nation’s largest maker of infant formula, is being investigated by the Federal Trade Commission for potentially anti-competitive federal nutrition program bids.  ( 17 min )
    Loss Adjustment Expense (LAE): Definition, How It Works and Types
    A loss adjustment expense (LAE) is an expense associated with investigating an insurance claim. Learn how LAE helps measure a company’s profitability.  ( 21 min )
    U.S. Debt Ceiling Talks Don't Seem Personal to Americans
    Fewer than half of registered voters think a default on the U.S. debt obligations would significantly impact their personal finances, but economists disagree.  ( 16 min )
    When You Can’t Get a Reverse Mortgage
    Reverse mortgages can provide income for retirement. Learn what can make you ineligible for one and what some of the alternatives are.  ( 22 min )
    Sole Proprietorship: What It Is, Pros & Cons, Examples, Differences From an LLC
    A sole proprietorship or sole trader is an unincorporated business with a single owner who pays personal income tax on business profits.  ( 29 min )
    Run on the Fund Definition
    A run on the fund is a situation where a hedge fund faces increasing redemptions, causing the fund managers to sell positions to meet the withdrawals.  ( 19 min )
    10 Biggest Software Companies
    With Microsoft leading the pack, these are the 10 biggest software companies by 12-month trailing revenue.  ( 20 min )
    How do I calculate my gains and/or losses when I sell a stock?
    To begin, you need to know your cost basis, or the price you paid for the stock. If you did not record this information, you should have an order execution confirmation and/or an account statement that covers the date of your purchase with the purchase price.  ( 19 min )
    Bounty Programs Definition
    Bounty programs are rewards, usually in the form of tokens, to promote an initial coin offering (ICO).  ( 19 min )
    Top Restaurant Stocks for Q2 2023
    TH International, Wingstop, and Kura Sushi lead the industry in revenue growth  ( 20 min )
    The Golden Rule of Government Spending: Definition, Applications, US Approach
    The golden rule of government spending is that a government may borrow only to invest, not to finance current spending. Learn how this works in the real world.  ( 22 min )
    Deutsche Bank and Citigroup Admit to Anticompetitive Practices
    Deutsche Bank (DB) and Citigroup (C) on Wednesday admitted to trading sensitive information on U.K. government bonds, and were among five banks found in breach of U.K. competition law.  ( 16 min )
    Retail Sales: Definition, Measurement, as an Economic Indicator
    Retail sales tracks consumer demand for finished goods by measuring the purchases of durable and non-durable goods over a defined period of time.  ( 25 min )
    Collateral Source Rule Definition
    The collateral source rule prevents monetary damages from being reduced by the amount that was reimbursed from another source such as insurance.  ( 18 min )
    How Liquid Are Money Market Accounts?
    Money market accounts are highly liquid assets, meaning you can remove cash from them quickly. But that can be limited by withdrawal limits and minimum balance needs.  ( 24 min )
    Understanding the BCG Growth Share Matrix and How to Use It
    The BCG growth-share matrix is a heuristic developed by the Boston Consulting Group used to classify a firm's project outlooks.  ( 23 min )
    Relisted Definition
    Relisted shares require a company to return to good standing by complying with financial standards set by the exchange or regulatory body.  ( 19 min )
    Darla Moore School of Business Definition
    The Darla Moore School of Business is the business school of the University of South Carolina.  ( 19 min )
    Weighted Average: What Is It, How Is It Calculated and Used?
    Weighted average is a calculation that takes into account the varying degrees of importance of the numbers in a data set.  ( 23 min )
    5 Things to Know Before Markets Open
    Treasury Secretary Janet Yellen is set to speak as debt ceiling negotiations continue and the FTC is investigating baby formula manufacturers on collusion charges. Here’s what investors need to know today.  ( 18 min )
    Selena Gomez Will Host Two New Food Network Shows—Here’s How She Made Her Millions
    Singer, songwriter, actor, and businesswoman Selena Gomez has worn many hats in her career—and has amassed a net worth of $95 million doing so, according to Celebrity Net Worth. Her career as an actress, producer, singer, and her makeup brand, Rare Beauty, have contributed to her millions.  ( 21 min )
    Top Mid-Cap Stocks for Q2 2023
    Aspen Technology, RenaissanceRe Holdings, and Healthcare Realty Holdings lead mid-cap stocks in revenue growth.  ( 20 min )
    What Is a W-9 Form? Who Can File and How to Fill It Out
    Form W-9 is an Internal Revenue Service form which is used to confirm a person's taxpayer identification number (TIN).  ( 32 min )
    AAA: Definition as Credit Rating, Criteria, and Types of Bonds
    AAA is the highest possible rating assigned to the bonds of an issuer by credit-rating agencies such as Standard & Poor’s and Fitch Ratings. Read more about these bonds.  ( 22 min )
  • Open

    Intuit Shares Sink as Tax Season Revenue Falls Short
    TurboTax maker Intuit missed revenue estimates for key tax season and shares declined.  ( 1 min )
    Abercrombie & Fitch Posts an Unexpected Profit, Raises Outlook
    Abercrombie & Fitch surprised investors with a quarterly profit, and the retailer boosted its full-year guidance.  ( 1 min )
    Kohl's Reports Unexpected Quarterly Profit
    Kohl’s (KSS) investors got a positive surprise as the struggling department store chain reported an unexpected quarterly profit of 13 cents per share.  ( 1 min )
    FTC Investigates Abbott For Alleged Collusion in Federal Baby Formula Contract Bids
    Abbott, the nation’s largest maker of infant formula, is being investigated by the Federal Trade Commission for potentially anti-competitive federal nutrition program bids.  ( 1 min )
    Deutsche Bank and Citigroup Admit to Anticompetitive Practices
    Deutsche Bank (DB) and Citigroup (C) on Wednesday admitted to trading sensitive information on U.K. government bonds, and were among five banks found in breach of U.K. competition law.  ( 1 min )
  • Open

    Dow Jones Today: Debt Ceiling Delay Drags Down Index
    Stocks fell for a second straight day as negotiations on the debt ceiling continued, with 3M and Boeing helping lead shares lower.  ( 1 min )
    5 Things to Know Before Markets Open
    Treasury Secretary Janet Yellen is set to speak as debt ceiling negotiations continue and the FTC is investigating baby formula manufacturers on collusion charges. Here’s what investors need to know today.  ( 1 min )
  • Open

    Moederbedrijf Albert Heijn politiek onder vuur over hoge winst en bonus
    Ahold Delhaize, het moederbedrijf van Albert Heijn, kreeg woensdag veel kritiek in de Tweede Kamer vanwege hun prijsverhogingen, hoge winst en beloning voor de topman. Diverse partijen trokken fel van leer omdat ze de lonen van medewerkers te laag vinden, terwijl het bedrijf vorig jaar 2,5 miljard euro winst maakte en topman Frans Muller miljoenen kreeg.  ( 5 min )
    Emmentaler geen beschermd merk omdat het in het Duits 'kaas' betekent
    Zwitserse Emmentaler wordt geen beschermd kaasmerk, omdat Duitsers het woord Emmentaler als een ander woord voor kaas gebruiken. Het is de eerste keer dat een kaassoort géén beschermde status krijgt binnen de Europese Unie.  ( 3 min )
    Emmentaler wordt geen beschermd merk omdat het in Duits 'kaas' betekent
    Zwitserse Emmentaler wordt geen beschermd kaasmerk, omdat Duitsers het woord Emmentaler als een ander woord voor kaas gebruiken. Het is de eerste keer dat een kaassoort géén beschermde status krijgt binnen de Europese Unie.  ( 3 min )
    Emmentaler wordt geen beschermd merk omdat het in Duits gewoon kaas betekent
    Zwitserse Emmentaler wordt geen beschermd kaasmerk, omdat Duitsers het woord Emmentaler als een ander woord voor kaas gebruiken. Het is de eerste keer dat een kaassoort géén beschermde status krijgt binnen de Europese Unie.  ( 3 min )
    Je Netflix-account delen kost voortaan 4 euro per maand extra
    Een Netflix-account delen met vrienden en familie kan behoorlijk schelen in de kosten. Maar Netflix loopt daardoor inkomsten mis. Daarom gaat het bedrijf deze meelifters 3,99 euro per maand extra laten betalen.  ( 4 min )
    Jumbo stopt met flitsbezorging
    Jumbo stapt alweer uit de flitsbezorging. De supermarktketen was daar actief in geworden via een samenwerking met de Duitse flitsbezorger Gorillas. Die is overgenomen door de Turkse branchegenoot Getir. De familie Van Eerd, eigenaar van Jumbo, had ook een belang in Gorillas. Die investering wordt ook teruggedraaid, laat een woordvoerder desgevraagd weten.  ( 3 min )
    Kabinet wil contract met NS verlengen voor merendeel van Nederlandse sporen
    De NS mag op het grootste deel van het Nederlandse spoornetwerk het treinverkeer blijven verzorgen. Het kabinet blijft bij zijn besluit om het contract met het bedrijf voor het hoofdrailnet te verlengen.  ( 3 min )
    Zaak over vergunning NS niet bij juiste rechter ingediend
    De rechtbank Den Haag doet geen uitspraak over de vraag of de NS meer concurrentie krijgt op het spoor. Volgens de rechtbank gaat ze daar als burgerlijke rechter niet over. Bovendien zijn de regionale vervoerders te vroeg naar de rechter gestapt, omdat de vergunning nog niet definitief aan NS is verleend.  ( 3 min )
    Klagend Facebook moet alle documenten geven die Brussel opvraagt
    Facebook moet inzage geven in alle documenten die de Europese Commissie opvraagt. Dat heeft het Hof van Justitie van de Europese Unie bepaald na klachten van Facebook-moederbedrijf Meta. Brussel onderzoekt of het sociale netwerk zich schuldig maakt aan oneerlijke concurrentie.  ( 3 min )
    EU wil dat Nederland energiesteun afbouwt en flexwerk ontmoedigt
    Nederland moet aan de slag met het beperken van de energiesteun en het aanmoedigen van werk via vaste aanstellingen om het personeelstekort te verkleinen. Verder vraagt de Europese Unie in een lijst met aanbevelingen om iets meer zuinigheid. Het begrotingstekort moet ondanks moeilijke economische tijden niet te veel oplopen.  ( 5 min )
    Rente op spaargeld bij alle drie de grote banken naar 1 procent
    Na Rabobank en ING heeft nu ook ABN AMRO laten weten dat de rente op de spaarrekening per 1 juni van 0,75 procent naar 1 procent gaat. Dat geldt voor zowel particuliere als zakelijke spaarrekeningen.  ( 3 min )
    Wat wil jij weten over de huizenprijzen? Stel hier je vragen
    De prijzen van koopwoningen zijn in april voor de derde maand op rij gedaald. Op ons reactieplatform NUjij waren hier veel vragen over. Want wat betekent dit voor de economie? En is dit het juiste moment om een huis te kopen of kun je beter nog even wachten? Stel je vragen over de huizenprijzen hier.  ( 2 min )
    Jumbo en flitsbezorger Getir stoppen samenwerking
    Jumbo en flitsbezorger Getir beëindigen hun samenwerking. De supermarktketen wil zich richten op de winkels en webshops en stopt met de bevoorrading van de magazijnen van Getir.  ( 3 min )
    Facebook-moederbedrijf verliest flink op verplichte verkoop gifjesplatform GIPHY
    De verplichte verkoop van GIPHY heeft Facebook-moederbedrijf Meta veel geld gekost. Stockfotodienst Shutterstock koopt het gifjesplatform voor 53 miljoen dollar (49,2 miljoen euro). Drie jaar geleden betaalde Meta er nog 400 miljoen dollar voor.  ( 3 min )
    Britten betalen meer voor boodschappen, voedsel 19 procent duurder
    Het leven in het Verenigd Koninkrijk was in april 8,7 procent duurder dan in dezelfde maand vorig jaar. Dat is fors meer dan de 2 procent inflatie die de Britse centrale bank voor ogen heeft.  ( 3 min )
    Grote zorgen bij ondernemers over 'strafheffing' op aardgas
    Ondernemers zijn bezorgd over de extra belasting op aardgas die ze vanaf volgend jaar moeten betalen. Werkgeversorganisaties VNO-NCW en MKB-Nederland spreken van "een strafheffing".  ( 3 min )
    Deel huiseigenaren krijgt subsidie voor verduurzaming woning niet voor elkaar
    Een deel van de huiseigenaren krijgt het niet voor elkaar subsidie aan te vragen voor het verduurzamen van hun woning. Zij vinden het aanvraagproces onbegrijpelijk, ontoegankelijk en zeer tijdrovend, blijkt uit het subsidiemeldpunt van Vereniging Eigen Huis (VEH).  ( 3 min )
    Voor een tientje Netflix en Viaplay kijken is voorbij met arrestatie digitale piraten
    Vier mensen zijn dinsdag opgepakt bij de ontmanteling van een illegale dienst voor internet-tv. De dienst had honderdduizenden abonnees.  ( 3 min )
    Deel huiseigenaren lukt het niet subsidie aan te vragen voor verduurzamen woning
    Een deel van de huiseigenaren krijgt het niet voor elkaar subsidie aan te vragen voor het verduurzamen van hun woning. Zij vinden het aanvraagproces onbegrijpelijk, ontoegankelijk en zeer tijdrovend, blijkt uit het subsidiemeldpunt van Vereniging Eigen Huis (VEH).  ( 3 min )
    Rechter beslist vandaag of NS meer concurrentie krijgt
    NS hoort woensdag van de rechtbank in Den Haag of het meer concurrentie krijgt van andere vervoerders. De staat heeft het grootste deel van het treinvervoer in Nederland na 2025 gegund aan NS. Regionale vervoerders zoals Qbuzz en Arriva zijn gepikeerd dat zij niet mochten meedingen naar treinvervoer en stapten naar de rechter.  ( 5 min )

  • Open

    Down More Than 50%: These 3 Beaten-Down Stocks Could Stage a Strong Rebound, Analysts Say
    Wilt Chamberlain holds the NBA record for career rebounds, with 23,924 in total, or 22.9 per game, for a truly great sustained performance. But rebounds don’t only come in basketball, and a savvy investor, while not likely to pick up 23,924 rebounding stock transactions, can still find plenty of stocks that are primed for rebounds in the current market environment. That environment, with headwinds still in play making every shot more difficult, has left plenty of fundamentally sound stocks under  ( 12 min )
    Target to Pull Some LGBT-Themed Merchandise After Customer Backlash
    Retailer said some shoppers knocked down displays of Pride Month products and threatened store employees.  ( 26 min )
    Lula Lashes Out and Sends Warning to Central Bankers Everywhere
    (Bloomberg) -- There are few, if any, leaders in the world who are publicly lashing out at central bankers more than Brazil’s Luiz Inacio Lula da Silva.Most Read from BloombergCarl Icahn Is $15 Billion Poorer After Hunter Becomes the HuntedMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeRussia Pushes India for Help to Avert Global Financial IsolationChina’s $23 Trillion Local Debt Mess Is About to Get WorseChina’s New Covid Wave Set to See 65 Million Cases a WeekThe reasons are inc  ( 10 min )
    Target removes some LGBTQ merchandise from stores ahead of June Pride month after threats to workers
    Target is removing certain items from its stores and making other changes to its LGBTQ merchandise nationwide ahead of Pride month, after an intense backlash from some customers including violent confrontations with its workers. Target declined to say which items it was removing but among the ones that garnered the most attention were “tucker friendly” women’s swimsuits that allow trans women who have not had gender-affirming operations to conceal their private parts. The Pride merchandise has been on sale since early May. Pride month is held in June.  ( 7 min )
    Explainer-How could a US debt ceiling default hit regular Americans?
    What could happen on Main Street if Washington's political showdown over the debt ceiling stopped the government from cutting checks that fund a quarter of the economy? Americans could quickly notice painful blows dealt to their retirement accounts as stock markets swooned, and within days the lack of federal payments could weigh heavily on doctors' offices, retirees and workplaces throughout the country. If the U.S. Congress and the White House failed to lift the self-imposed $31.4 trillion legal limit on federal debt, the Treasury Department could start missing payments on its obligations as soon as June 1, according to the department's chief, Janet Yellen.  ( 7 min )
    Top CD Rates Today, May 23
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Palo Alto Stock Jumps After Profit Tops Estimates, Margins Improve
    The cybersecurity software company posted solid results for its fiscal third quarter ended April 30.  ( 22 min )
    There is 'zero chance' of the US defaulting on its debt, Wharton professor Jeremy Siegel says
    No content preview
    Richard Branson’s Virgin Orbit to Liquidate, Sell Off Assets to Stratolaunch, Rocket Lab
    (Bloomberg) -- Stratolaunch LLC and Rocket Lab USA Inc. are among the buyers for assets of Virgin Orbit Holdings Inc., the bankrupt space-launch company tied to billionaire Richard Branson.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutXi Upends the Secretive World of $10,000-an-Hour China ExpertsLuxury Stocks Lose $30 Billion in One Day on Demand FearsChina’s New Covid Wave Set to See 65 Million Cases a  ( 8 min )
    Nio, XPeng Need A Win. Will Their New EVs Deliver?
    No content preview
    World’s Richest Man Loses $11 Billion After LVMH Stock Rout
    (Bloomberg) -- Bernard Arnault, the world’s richest person, had $11.2 billion wiped from his fortune in one day over concerns that a softening US economy will dampen demand for luxury goods. Most Read from BloombergCarl Icahn Is $15 Billion Poorer After Hunter Becomes the HuntedMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeChina’s $23 Trillion Local Debt Mess Is About to Get WorseRussia Pushes India for Help to Avert Global Financial IsolationSaudi Energy Minister Tells Oil Specu  ( 7 min )
    Cybersecurity Firm Palo Alto Earnings Top Estimates On Cloud Growth
    No content preview
    Stocks sink as debt crunch continues: Stock market news today
    US stocks closed lower Tuesday after President Joe Biden and House Republican Speaker Kevin McCarthy’s debt-ceiling talks the previous day ended with both taking an optimistic tone, but without a deal.  ( 8 min )
    JPMorgan accuses US Virgin Islands of harboring Jeffrey Epstein for two decades
    JPMorgan Chase & Co on Tuesday sought to shift blame for failing to snuff out sex crimes committed by the late Jeffrey Epstein, accusing the U.S. Virgin Islands of harboring and shielding the disgraced financier as he abused young women and girls over two decades. The largest U.S. bank made the accusation in a heavily redacted filing in Manhattan federal court, where the U.S. Virgin Islands is suing to hold it liable for providing banking services to Epstein from 1998 to 2013. JPMorgan said Epstein had a "quid pro quo" relationship with the U.S. Virgin Islands' highest-ranking officials, bestowing money and favors in exchange for millions of dollars of tax incentives and looking the other way at his crimes.  ( 8 min )
    Growth Stocks Get Socked As House Leader McCarthy Says Debt Limit Talks "Nowhere Near A Deal;" Stock Market Leader Hits A Pair Of Sell Signals
    No content preview
    Tesla to pick location for new factory this year, Musk says
    When the Wall Street Journal's Thorold Barker asked Musk at an event if India was interesting, he said, "Absolutely". Tesla is "serious" about its plans to establish a manufacturing base in India, the country's deputy minister for technology told Reuters in an interview last week. Tesla announced earlier this year that it would open a gigafactory in Mexico as the world's most valuable automaker pushes to expand its global output.  ( 7 min )
    LVMH and Other Luxury Stocks Fall, Wiping Out Billions. It’s a Concern for Europe.
    European luxury stocks dropped on Tuesday, wiping billions off their valuations, highlighting the sector's importance for the region's market rally.  ( 23 min )
    Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project?
    I am 65 and at the absolute peak of my earnings. I'm also in the 35% tax bracket and am not looking to retire soon. I need $30,000 for a home project. I have enough to take it out of … Continue reading → The post Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project? appeared first on SmartAsset Blog.  ( 9 min )
    'It'll Cost Us Our System As We Know It:' Billionaire Ray Dalio Warns Of A 'Social Problem' Because Of The Debt Ceiling Crisis. Here's How He's Positioning His Portfolio
    The U.S. is on track to default on its payments obligations if the debt ceiling is not raised. But according to Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, the problem could extend beyond a debt crisis. “The debt ceiling negotiations is ridiculous because it’s not dealing with the problem,” he said in a YouTube video. The billionaire investor explains that if the debt ceiling is raised, the U.S. will just keep piling on debt. And if the limit does not increase, t  ( 9 min )
    The Two Biggest Names In Artificial Intelligence Are Teaming Up — On AI, Of Course
    No content preview
    Exclusive-US lawmaker demands action against Chinese chip firm CXMT after Micron
    The U.S. Commerce Department should add Chinese memory chip maker Changxin Memory Technologies (CXMT) to a trade blacklist after Beijing earlier this week banned the sale of some chips by U.S.-based Micron Technology Inc, the chair of the U.S. House of Representatives' committee on China said on Tuesday. The restrictions this week by China's cyberspace regulator against Micron, the biggest U.S. memory chipmaker, were the latest in a widening trade dispute between the world's two largest economies.  ( 7 min )
    CohBar Stock Doubles: Company Agrees To Merge With Morphogenesis To Advance Late-Stage Oncology Candidates
    Privately-held Morphogenesis Inc has agreed to combine with CohBar Inc (NASDAQ: CWBR) in an all-stock transaction forming a company combining expertise and resources to advance a late-stage oncology pipeline. The combined company will focus on advancing Morphogenesis' two technologies that seek to overcome the major obstacles that limit the effectiveness of current immunotherapies in treating cancer. The combined company is expected to operate under the name "TuHURA Biosciences Inc" and to trade  ( 7 min )
    Carl Icahn's wealth has plunged by $15 billion since a short-seller targeted him – but the activist investor says he's ready to fight back
    No content preview
    Netflix to charge an additional $8 month for viewers living outside US subscribers' households
    Netflix on Tuesday outlined how it intends to crack down on the rampant sharing of account passwords in the U.S., its latest bid to reel in more subscribers to its video streaming service amid a slowdown in growth. To combat password sharing, Netflix said it will limit viewership of its programming to people living in the same household. Subscribers will still be able to watch Netflix when they are traveling.  ( 7 min )
    Warren Buffett Stocks: Google Soars As LULU Stretches For Support
    No content preview
    Default May Be the Least Likely Outcome of Debt Ceiling Talks
    Deutsche Bank analysts think there's an equal possibility that President Joe Biden and Speaker Kevin McCarthy will come to an agreement or an extension in their debt ceiling negotiations.  ( 18 min )
    Apple is investing billions in US-made 5G components as it looks to move manufacturing out of China
    Apple has unveiled a multibillion-dollar deal with Broadcom to produce new 5G radio frequency components in the US. The May 23 announcement comes as Apple—the world’s largest consumer electronics company—looks to spend more than $400 billion on domestic manufacturing.  ( 8 min )
    Gas Stocks Set to Trounce Oil Shares, Says Bank of America
    Shares of companies that drill primarily for natural gas are poised to outperform their oil-focused counterparts by multiples, according to Bank of America analysts. Their argument is based on the assumption that future prices of natural gas will equal or exceed the current futures curve, which slo  ( 19 min )
    Analyst Report: Regency Centers Corporation
    No content preview
    Kremlin gas profits plunge as tide turns in Putin’s energy war
    Security had to protect the board of Shell at the oil giant's annual general meeting as climate protesters rushed the stage amid more than an hour of disruption.  ( 29 min )
    Visa Stock Plummets. Is Resilient Consumer Faltering?
    No content preview
    Market Update: REG, GEN
    No content preview
    Apple Inks Multibillion-Dollar Wireless-Chip Supply Deal With Broadcom
    No content preview
    The US Treasury may have to break the law to keep the world’s richest nation from default
    Congress is putting US Treasury Secretary Janet Yellen in a tough spot.  ( 7 min )
    AI Will Boost Microsoft and Google, Analysts Say. Worry About These Stocks Instead.
    Enterprise adoption of AI remains one of the biggest prizes for tech companies.  ( 23 min )
    Bud Light Sales Keep Cratering After Transgender Controversy. Price Wars May Be Next.
    Bud Light sales were down 28.4% in the latest week, and parent Anheuser-Busch is now offering big rebates that could cut the cost of a case to under $5.  ( 22 min )
    BJ's earnings tell the whole story of the US economy right now
    BJ's Wholesale Club reported results Tuesday morning that disappointed. But in those results were signs of inflation moderating while consumers grow more cautious, a microcosm of the US economy in one corporate release.  ( 8 min )
    Lordstown Stock Dives After Reverse Split. The EV Start-Up Needs More Cash.
    The electric-vehicle maker announced the 1-for-15 move, which will be will be effective on May 24.  ( 23 min )
    Chevron Stock Upgraded To A Buy After $6 Billion PDC Energy Deal
    No content preview
    Apple Announces Multibillion-Dollar Deal With Broadcom to Make Chips in U.S.
    The new multiyear agreement brings manufacturing of some components to the U.S.  ( 22 min )
    Nvidia Q1 Earnings To Test Chipmaker's Lofty Valuations
    Nvidia, the world's most valuable chipmaker, is expected to say revenue and net income shrank by as much as a fifth last quarter, putting its stock's 100% rally so far this year to the test.  ( 19 min )
    ‘Too Cheap to Ignore’: Cathie Wood Snaps Up These 2 Stocks Under $10
    Cathie Wood’s singular investing style has generated huge returns for investors of her ARK Invest ETFs during certain periods (such as during the pandemic). However, it’s a strategy that has also been responsible for racking up losses during other times, such as last year’s bear market. Wood’s preference has always been for disruptors – whether in tech, healthcare, or the auto industry – and even in difficult times, she has not deviated from that path. Whatever you make of her stock choices, Woo  ( 10 min )
    Apple Strikes Multibillion-Dollar Supply Deal With Broadcom
    Apple has entered a multiyear deal with the chip and network equipment maker for components that will be made in the U.S.  ( 25 min )
    Stocks slip as debt crunch continues: Stock market news today
    US stocks opened lower on Tuesday after President Joe Biden and House Republican Speaker Kevin McCarthy’s debt-ceiling talks the previous day ended with both taking an optimistic tone, but without a deal.  ( 8 min )
    Cut Stocks, Buy Gold, Hold Your Cash, JPMorgan’s Kolanovic Says
    (Bloomberg) -- A debt-ceiling negotiation that remains in limbo, elevated recession risks and a hawkish Federal Reserve stance are just a few of the reasons JPMorgan Chase & Co.’s Marko Kolanovic is advising clients to further dump equities and hold onto cash.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden, McCarthy Still Without Debt Deal But Sound Positive ToneSaudi Energy Minister Tells Oil Speculators to ‘Watch Out’Parents Sue Elite Schools for ‘Indoct  ( 8 min )
    AutoZone Stock Falls After Earnings Beat Estimates. Here’s Why.
    AutoZone posts fiscal third-quarter earnings of $34.12 a share, higher than analysts' estimates of $31.51.  ( 25 min )
    How to Make $1,000 Every Month in Passive Income
    Is it possible to earn a paycheck while sitting on the couch watching television? Absolutely, but it takes a bit of work beforehand to set things in motion. By developing online assets, investments and interest payments, you can put your … Continue reading → The post How to Make $1,000 a Month in Passive Income appeared first on SmartAsset Blog.  ( 12 min )
    Can I Make Money Investing in EV Charging Stations?
    If you spot a Tesla on the road, you may be impressed by the sleek style of the car, but you may also find yourself wondering: How do you take an electric car like that on a road trip? How … Continue reading → The post How to Invest in EV Charging Stations appeared first on SmartAsset Blog.  ( 8 min )
    Lordstown Stock Dives After Reverse Split. The EV Start-Up Needs More Cash.
    The electric-vehicle maker announced the 1-for-15 move, which will be will be effective on May 24.  ( 23 min )
    LVMH, Hermes Spark $30 Billion Luxury Stocks Rout on US Slowdown
    (Bloomberg) -- A blistering rally in luxury goods stocks this year powered by international demand particularly from China has taken a hit, wiping out more than $30 billion from the sector on Tuesday.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a WeekMexico Raises A  ( 8 min )
    Dow Jones Futures Fall After Biden-McCarthy Meeting; Lowe's Slides On Earnings
    No content preview
    Apple closes in on a $3 trillion stock market valuation
    Apple's stock has been on autopilot this year.  ( 9 min )
    Forint Tumbles as Hungary Diverges From EU on Ukraine, Rates
    (Bloomberg) -- Hungary’s forint weakened the most worldwide as Prime Minister Viktor Orban said his country had split with the European Union on Ukraine and the nation’s central bank prepares to cut interest rates.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a WeekM  ( 6 min )
    Bank Of America Upped Its Forecast For Stocks — Just Not The Ones You Think
    No content preview
    Stock futures slip as debt crunch continues: Stock market news today
    US stock futures were lower ahead of the open on Tuesday after President Joe Biden and House Republican Speaker Kevin McCarthy’s debt-ceiling talks the previous day ended with both taking an optimistic tone, but without a deal.  ( 8 min )
    Wall Street Is Downbeat on Steel. The Case Against Nucor, Others.
    J.P. Morgan analyst Bill Peterson launched coverage of the five steel producers. He doesn't really like any of them.  ( 22 min )
    Lowe's Stock: First-Quarter Sales Slip As Lowe's Joins Home Depot With Dour 2023 Warning
    No content preview
    AutoZone Earnings Beat Estimates. Here’s Why the Stock Is Falling.
    AutoZone posts fiscal third-quarter earnings of $34.12 a share, higher than analysts' estimates of $31.51.  ( 22 min )
    Analyst Report: Anheuser-Busch In Bev SA/NV
    No content preview
    Analyst Report: TJX Companies, Inc.
    No content preview
    Lowe’s Stock Sinks. It’s the Latest to Lower Forecasts Amid Retail Gloom.
    Lowe's beat expectations for its first-quarter earnings but cut its full-year earnings and revenue outlook on softer consumer spending.  ( 22 min )
    Daily Spotlight: ESG Interest (and Assets) are Growing
    No content preview
    Technical Assessment: Bearish in the Intermediate-Term
    No content preview
    Market Digest: TJX, BUD
    No content preview
    Daily – Vickers Top Buyers & Sellers for 05/23/2023
    No content preview
    Daily – Vickers Top Insider Picks for 05/23/2023
    No content preview
    Jamie Dimon warns of 7% Fed rate, banking crisis, bleak commercial real estate
    Investing.com - The U.S. banking crisis, which has claimed a few victims since March, is the direct result of the Fed's fight against high Inflation. Uncertainty about the health of regional banks and rising yields in the money market led to a steady outflow of deposits, bringing banks' balance sheets to their knees.  ( 7 min )
    Ford Stock Has an Uphill Climb
    The Detroit automaker sharpened its pitch to investors, but expectations are already high.  ( 27 min )
    A Housing Bust Comes for Thousands of Small-Time Investors
    They were offered the benefits of owning apartment-building rentals without any of the work, in real-estate investments that have already left some people empty-handed.  ( 23 min )
    Citi Says Buyers Plow $21 Billion Into US Stocks
    (Bloomberg) -- Investors are boosting their bullish bets on US equities, making positioning increasingly “one-sided,” according to Citigroup Inc. strategists.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealMexico Raises Alert Level on Volcano Rumbling Near CapitalParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a Wee  ( 39 min )
    Treasury Bill Yields Rise With Debt Deal Elusive: Markets Wrap
    (Bloomberg) -- US equity futures rose while Treasury yields and a gauge of dollar strength were little changed after President Joe Biden and House Speaker Kevin McCarthy said they had a productive talk on the debt ceiling. Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseMexico Raises Alert Level on Volcano Rumbling Near CapitalParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a W  ( 40 min )
    Toyota Shares Plunge in Final Minute of Tokyo Trading
    (Bloomberg) -- Toyota Motor Corp. tumbled in the final minute of trading amid a downturn in the broader Japanese stock market on Tuesday.The stock closed 4.8% lower, its biggest decline since March 2022, shaving about $11 billion from the carmaker’s market value. The benchmark Topix closed 0.7% lower, erasing a gain in afternoon trading as news about Japan’s restrictions on chip-technology exports spurred profit taking.A block of 14.5 million Toyota shares crossed at 1,857 yen per share at the c  ( 38 min )
    AI Stocks Have Momentum. What That Means for Nvidia, Microsoft, Others.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 21 min )
    Chevron Oil Deal Looks Like a Bargain. Is It?
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 21 min )
    The Treasury Department could issue $700 billion in T-bills within weeks of a debt-ceiling deal, draining liquidity from markets
    On Friday, the Treasury General Account was $60.7 billion, down from $140 billion just a week prior.  ( 37 min )
    Here's why the US doesn't have to pay off its $31 trillion mountain of debt, according to Paul Krugman
    "When governments for one reason or another run up large debts, it is, as far as I can tell, unusual to pay those debts off," Nobel economist Paul Krugman said.  ( 37 min )
    The White House has warned stocks will plunge 45% and a deep recession will strike in the 3rd quarter if the US defaults
    About 8 million jobs could be lost if the US fails to raise its debt ceiling ahead of the upcoming deadline in early June, according to the analysis.  ( 38 min )
    Oil prices rise after Saudi warns short-sellers: 'watch out'
    LONDON (Reuters) -Oil rose on Tuesday supported by optimism the U.S. would avoid a debt default, a tighter market outlook and a warning from the Saudi energy minister to speculators that raised the prospect of further OPEC+ cuts to support the market. The gains added to a rally on Monday, when crude gained a tailwind from a 2.8% increase in U.S. gasoline futures ahead of the Memorial Day holiday on May 29 which traditionally marks the start of the peak summer demand season. On the U.S. debt ceiling, White House and congressional Republican negotiators will meet again on Tuesday to resolve a impasse over raising the $31.4 trillion debt limit, with the nation facing the risk of default in as little as nine days.  ( 7 min )
  • Open

    Commercial Lines Insurance: Definition, Types, Vs. Personal Lines
    Commercial lines insurance protects businesses from potential losses they can't afford to cover.  ( 22 min )
    How Do Money Market Accounts Work?
    A money market account (MMA) is similar to checking and savings accounts. Learn how MMAs offer more-competitive interest rates than savings accounts.  ( 23 min )
    What Is a Business? Understanding Different Types and Company Sizes
    A business is an individual or group engaged in financial transactions. Read about types of businesses, how to start a business, and how to get a business loan.  ( 29 min )
    Dividends: Definition in Stocks and How Payments Work
    A dividend is a distribution of earnings, often quarterly, by a company to its shareholders in the form of cash or stock reinvestment.  ( 28 min )
    Netflix Cracks Down on Account Sharing Between Households
    In an email sent to American users Tuesday, Netflix issued a new set of guidelines for users who wish to share accounts, as part of its push to crack down on password sharing.  ( 16 min )
    How To Get a House for Free (or Almost Free)
    Individuals can find discounted ways to purchase a home through auctions, government programs, or with rental income.  ( 20 min )
    5 Biggest ETF Companies
    With iShares leading the pack, these are the 5 biggest ETF companies by assets under management.  ( 21 min )
    Bernanke: Slow Fed Response Helped Inflation Surge
    There were many inflation causes that culminated in the high prices seen over the last year, but the Federal Reserve's slow response helped fan the flames, according to a new paper by former Fed Chair Ben Bernanke.  ( 19 min )
    Top CD Rates Today, May 23
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Dow Jones Today: Tech Sends Index Lower
    Apple, Microsoft, Intel move lower as tech stocks fall, while Chevron moved higher on a ratings upgrade  ( 16 min )
    Markets Fall as Debt Ceiling Agreement Talks Drag on
    U.S. equities lost ground on May 23, 2023 as White House and congressional negotiators still haven't reached a deal on raising the federal debt ceiling to avoid a potential government default.  ( 16 min )
    Rising Memberships Could Help Costco Offset a Spending Slowdown
    Costco (COST) will likely report solid earnings growth as rising memberships and sustained customer loyalty could help the wholesaler offset weakness in discretionary spending and ecommerce.  ( 17 min )
    How to Create a Crypto Wallet in 2023
    A crypto wallet is an essential piece of equipment for crypto enthusiasts to have. If you want to personalize your crypto's security, you can learn how to create a crypto wallet and set your security preferences.  ( 22 min )
    Lordstown's Reverse Stock Split Aimed at Saving Nasdaq Listing, Foxconn Deal
    Lordstown Motors announced a 1-for-15 stock split to get shares high enough to keep the stock listed on Nasdaq and save a Foxconn investment.  ( 16 min )
    Combined Single Limits: Definition, Example, Benefits, Vs. Split
    Combined single limits is an insurance policy provision where coverage for all components of a claim (bodily injury and property damage) is handled by a single amount.  ( 21 min )
    E-commerce Defined: Types, History, and Examples
    E-commerce is a business model that enables the buying and selling of goods and services over the internet.  ( 31 min )
    Meta Sells Giphy To Shutterstock For $53 Million In UK Regulator Ordered Sale
    Shutterstock shares advanced in early trading on Tuesday morning after the provider of stock footage said it was buying animated images platform Giphy from Meta Platforms (META) for $53 million.  ( 17 min )
    Activist Investor Demands Yelp Board Act to Boost Stock Price
    Activist investor TCS Capital Management demanded Yelp take immediate steps to boost the stock price, including considering a sale.  ( 16 min )
    5 Biggest Oil Tanker Companies
    With Scorpio leading the pack, these are the 5 biggest oil tanker companies by 12-month trailing revenue.  ( 20 min )
    Predatory Lending: How to Avoid, Examples and Protections
    Predatory lending imposes unfair, deceptive, or abusive loan terms on a borrower. Many states have anti–predatory lending laws.  ( 30 min )
    How To Close a Savings Account
    You may want to remain a customer of your current bank and only close your savings account. Find out more about how this quick process is done.  ( 23 min )
    Home Price Trends All About Location, Location, Location
    Housing market demand varies city-to-city by most in a decade.  ( 18 min )
    How to Buy Bitcoin With a Credit Card in 2023
    Learning how to buy Bitcoin with a credit card might seem like a great idea, but there’s a lot to take into consideration to ensure that you are doing it right.  ( 20 min )
    When Clients Ask About Crypto
    Clients need to understand the full picture, including the good and bad of cryptocurrency investing.  ( 25 min )
    How to File for a Tax Extension
    Filing for a tax extension allows you to get extra time to file your tax return. But be warned, even if you extend your filing deadline, you still need to pay on time.  ( 29 min )
    Slippage: What It Means in Finance, With Examples
    Slippage refers to the discrepancy between the expected price of a trade and the price at which the trade is executed.  ( 23 min )
    Top Sports Betting Stocks for Q2 2023
    These are the sports betting stocks with the best value, fastest growth and most momentum best performance for Q2 2023.  ( 22 min )
    Mortgage Fraud: Understanding and Avoiding It
    It is important to know what condition would classify as mortgage fraud and know about the common schemes and scams you should avoid.  ( 25 min )
    Default May Be the Least Likely Outcome of Debt Ceiling Talks
    Deutsche Bank analysts think there's an equal possibility that President Joe Biden and Speaker Kevin McCarthy will come to an agreement or an extension in their debt ceiling negotiations.  ( 16 min )
    How to Buy Fractional Shares on Webull
    Webull is a top rated discount broker. Come learn how its fractional share offering can help you build a diversified portfolio.  ( 24 min )
    Citizens Bank to Pay $9 Million Penalty in Settlement with CFPB
    The Consumer Financial Protection Bureau (CFPB) reached a settlement with Citizens Bank Tuesday over what the bureau called unlawful credit card servicing practices.  ( 16 min )
    What Apple’s New Chip Deal Means for Broadcom
    The deal will help Apple pivot to U.S. suppliers and give some runway to Broadcom to diversify its revenue stream for life after Apple begins making its own chips in-house.  ( 17 min )
    TikTok Sues Montana, Says Ban Violates First Amendment
    TikTok sued Montana, alleging state legislation banning the video-sharing app violates the First Amendment. The Chinese-owned video app previously fought former President Donald Trump over a similar ban.  ( 16 min )
    ChatGPT Passes CPA Exam on Second Attempt
    ChatGPT passed a practice CPA exam on second attempt, not unlike the roughly half of human candidates. But does this experiment mean ChatGPT is coming for accounting jobs?  ( 18 min )
    Top Casino Stocks for Q2 2023
    Light & Wonder is the top casino stock for best value, while NeoGames is the top for fastest growth and most momentum.  ( 21 min )
    How to Trade Options on Webull
    Webull has been our top pick for the best low-cost options trading platform for the past several years. Come learn how to use its solid, commission-free option trading platform.  ( 20 min )
    NINJA Loan: Definition, History, Current Availability
    A NINJA loan is a slang term for a loan extended to a borrower with "no income, no job and no assets."  ( 20 min )
    Venmo, Apple Wallet, and Digital Money Guide for Parents
    A guide for parents on common money apps. Find out why Apple Wallet, Cash App, and children's debit cards stand out among other players such as PayPal and Google Pay.  ( 26 min )
    Today's Mortgage Rates & Trends - May 23, 2023: Rates Move Higher
    The average mortgage rate on 30-year home loans rose for the seventh day in a row, and the 15-year average was also up again. Refinance loans saw fixed rates edge higher, too.  ( 20 min )
    What Is Exposure at Default (EAD)? Meaning and How To Calculate
    Exposure at default (EAD) is the total value that a bank is exposed to at the time of a loan's default.  ( 21 min )
    Nvidia Q1 Earnings To Test Chipmaker's Lofty Valuations
    Nvidia, the world's most valuable chipmaker, is expected to say revenue and net income shrank by as much as a fifth last quarter, putting its stock's 100% rally so far this year to the test.  ( 19 min )
    The Complete Guide to Money Market Accounts
    A money market account (MMA) is a savings account with several features not found in most savings accounts.  ( 29 min )
    5 Things to Know Before Markets Open
    Debt ceiling talks will continue and Lowe’s shares fell after it cut its sales and profit outlook. Here’s what investors need to know today.  ( 18 min )
    Inflation Caused Record Number of Adults To Be Worse Off in 2022
    Financial well-being is the lowest it's been in seven years, according to the Federal Reserve.  ( 15 min )
    Capital Gains Tax: What It Is, How It Works, and Current Rates
    A capital gains tax is a levy on the profit that an investor makes from the sale of an investment such as stock shares. Here's how to calculate it.  ( 35 min )
    Investopedia Credit Card Rating Methodology
    Learn about how Investopedia's credit card rating methodology considers over 70 features of credit cards including proprietary reward points valuation.  ( 21 min )
  • Open

    Dow Jones Today: Tech Sends Index Lower
    Apple, Microsoft, Intel move lower as tech stocks fall, while Chevron moved higher on a ratings upgrade  ( 1 min )
    Markets Fall as Debt Ceiling Agreement Talks Drag on
    U.S. equities lost ground on May 23, 2023 as White House and congressional negotiators still haven't reached a deal on raising the federal debt ceiling to avoid a potential government default.  ( 1 min )
    5 Things to Know Before Markets Open
    Debt ceiling talks will continue and Lowe’s shares fell after it cut its sales and profit outlook. Here’s what investors need to know today.  ( 1 min )
    Zoom Shares Jump as Revenue Beats Estimates
    Zoom Communications shares jumped after beating analysts' estimates for revenue.  ( 1 min )
  • Open

    Rising Memberships Could Help Costco Offset a Spending Slowdown
    Costco (COST) will likely report solid earnings growth as rising memberships and sustained customer loyalty could help the wholesaler offset weakness in discretionary spending and ecommerce.  ( 1 min )
    Meta Sells Giphy To Shutterstock For $53 Million In UK Regulator Ordered Sale
    Shutterstock shares advanced in early trading on Tuesday morning after the provider of stock footage said it was buying animated images platform Giphy from Meta Platforms (META) for $53 million.  ( 1 min )
    Netflix Cracks Down on Account Sharing Between Households
    In an email sent to American users Tuesday, Netflix issued a new set of guidelines for users who wish to share accounts, as part of its push to crack down on password sharing.  ( 1 min )
    Lordstown's Reverse Stock Split Aimed at Saving Nasdaq Listing, Foxconn Deal
    Lordstown Motors announced a 1-for-15 stock split to get shares high enough to keep the stock listed on Nasdaq and save a Foxconn investment.  ( 1 min )
    Activist Investor Demands Yelp Board Act to Boost Stock Price
    Activist investor TCS Capital Management demanded Yelp take immediate steps to boost the stock price, including considering a sale.  ( 1 min )
    Citizens Bank to Pay $9 Million Penalty in Settlement with CFPB
    The Consumer Financial Protection Bureau (CFPB) reached a settlement with Citizens Bank Tuesday over what the bureau called unlawful credit card servicing practices.  ( 1 min )
    What Apple’s New Chip Deal Means for Broadcom
    The deal will help Apple pivot to U.S. suppliers and give some runway to Broadcom to diversify its revenue stream for life after Apple begins making its own chips in-house.  ( 1 min )
    TikTok Sues Montana, Says Ban Violates First Amendment
    TikTok sued Montana, alleging state legislation banning the video-sharing app violates the First Amendment. The Chinese-owned video app previously fought former President Donald Trump over a similar ban.  ( 1 min )
  • Open

    Microsoft zet AI centraal in Windows 11 met persoonlijke assistent Copilot
    Microsoft brengt dit jaar een chatbot voor Windows 11 uit met kunstmatige intelligentie. De Copilot AI werkt binnen het Windows-besturingssysteem en kan helpen bij allerlei taken op de computer. Verder heeft Microsoft nog veel meer plannen met AI, maakte het bedrijf dinsdag bekend.  ( 4 min )
    Europese bierbrouwers geschokt om Ierse plannen
    Europese brouwers zijn geschokt door de plannen van Ierland om uitgebreide gezondheidswaarschuwingen op alcoholproducten te zetten.  ( 3 min )
    Staat wil dat bedrijf dat giftige stoffen in Westerschelde loosde schade vergoedt
    De Staat vindt dat het Amerikaanse chemieconcern 3M de schade moet vergoeden die schadelijke stoffen in de Zeeuwse Westerschelde hebben aangericht. Minister Mark Harbers (Infrastructuur en Waterstaat) heeft het bedrijf aansprakelijk gesteld, laat de landsadvocaat in een brief aan 3M weten.  ( 3 min )
    Gazprom ziet gasexport dalen en boekt fors minder winst
    Het Russische staatsgasconcern Gazprom heeft de winst vorig jaar fors zien dalen met 40 procent tot 15,8 miljard dollar (14,7 miljard euro). Het bedrijf exporteerde minder gas en had ook veel last van belastingverhogingen.  ( 2 min )
    Huishoudens maken dikke winst op hun beleggingen
    Nederlandse huishoudens hebben in de eerste drie maanden van dit jaar ondanks de onrust in de bankensector winst behaald op hun beleggingen. Zij hebben ook meer belegd in aandelen en obligaties van banken, zo meldt De Nederlandsche Bank (DNB).  ( 3 min )
    NU+ | In de zomer energie besparen? Dat doe je met de doucheknop
    Wie in de lente en zomer energie wil besparen, doet dat het beste in de badkamer. Dan is de douche de grootste energiegebruiker. Althans, in een gemiddeld huishouden. Want er blijken grote verschillen te bestaan en die tellen op jaarbasis op tot honderden euro’s.  ( 4 min )
    Klimaatactivisten belagen Shell-bestuur
    Het bestuur van Shell moest op de aandeelhoudersvergadering in Londen afgeschermd worden voor klimaatactivisten. Ze probeerden het podium te bestormen en zijn afgevoerd door beveiligers.  ( 3 min )
    Klimaatactivisten bestormen het bestuur van Shell
    Het bestuur van Shell moest op de aandeelhoudersvergadering in Londen afgeschermd worden voor klimaatactivisten. Ze probeerden het podium te bestormen en zijn afgevoerd door beveiligers.  ( 3 min )
    Cathay Pacific biedt excuses aan voor discriminatie na verzoek om tapijt
    De Hongkongse luchtvaartmaatschappij Cathay Pacific Airways heeft haar excuses aangeboden voor vermeende discriminatie van een Chinese passagier. Die zou om een deken hebben willen vragen, maar gebruikte het Engelse woord carpet (tapijt) in plaats van blanket. Het personeel zou de reiziger daarom hebben uitgelachen.  ( 3 min )
    Ook ING verhoogt rente voor spaarders tweemaal achter elkaar
    Klanten van ING krijgen vanaf 1 juni 1 procent rente op hun spaargeld. Dat is nu nog 0,75 procent. Het is de tweede renteverhoging in korte tijd bij de grootste bank van het land. Daarmee volgt het bedrijf zijn concurrent Rabobank, die vorige week bekendmaakte zijn spaarrente voor de tweede keer in ruim een maand op te schroeven.  ( 3 min )
    Opnieuw wilde staking uitgebroken bij autofabriek Nedcar
    Een deel van het personeel van de Nedcar-fabriek in Born heeft dinsdag opnieuw het werk neergelegd. De staking volgde op langlopende onderhandelingen over een nieuw sociaal plan. De staking is een initiatief van werknemers zelf en is niet opgezet door vakbonden. Volgens VDL Nedcar zijn de medewerkers inmiddels weer aan de slag gegaan.  ( 3 min )
    Corendon gaat zelf naar Curaçao vliegen en concurreert dan met KLM
    Reisorganisatie Corendon vliegt vanaf november zelf klanten naar Curaçao. De afgelopen tien jaar deed KLM dat. In eerste instantie vliegt Corendon vijf keer in de week, in het hoogseizoen wordt dat opgevoerd naar zes keer in de week.  ( 3 min )
    Consumentenbond en claimstichting eisen schadevergoeding van Google
    Google verzamelt op illegale wijze privacygevoelige gegevens, vinden de Consumentenbond en Stichting Bescherming Privacybelangen (SBP). Daarom eisen de organisaties een schadevergoeding voor alle Google-gebruikers in Nederland.  ( 4 min )
    Streep door overname van Amsterdamse afvalverwerker AEB
    De Amsterdamse afvalverwerker AEB komt toch niet in handen van zijn Rotterdamse sectorgenoot AVR. Het bedrijf dat na de overname ontstaat, wordt te groot volgens mededingingsautoriteit ACM. Daarom zet het een streep door de deal. AEB kwam enkele jaren geleden in de problemen doordat het een deel van zijn afvallijnen moest stopzetten.  ( 3 min )
    Nepfoto van explosie bij Pentagon zorgt voor korte dip op Amerikaanse beurs
    Een nepfoto van een explosie in de buurt van het Pentagon heeft maandag tot verwarring en een korte dip op de Amerikaanse beurs geleid. De afbeelding is hoogstwaarschijnlijk met kunstmatige intelligentie (AI) gemaakt.  ( 3 min )
    TikTok sleept Amerikaanse staat Montana voor de rechter wegens verbod op app
    TikTok heeft maandag een proces tegen de Amerikaanse staat Montana aangespannen, omdat daar vorige week een wet is aangenomen die het sociale medium verbiedt.  ( 3 min )
    Vakanties zijn harder nodig door hoge werkdruk
    Met de meivakantie en een lang weekend achter de rug voelen we ons weer fitter. Dat is hard nodig in deze tijd van hoge werkdruk, die wordt veroorzaakt door de krapte op de arbeidsmarkt. Dat zegt Jurriaan Penders, bedrijfsarts en directeur medische zaken bij HumanCapitalCare.  ( 4 min )
    We kopen minder, maar door hoge prijzen zien winkeliers omzet toch stijgen
    In de eerste drie maanden van dit jaar hebben we minder gekocht. Toch hebben winkels meer omgezet, blijkt uit nieuwe cijfers van statistiekbureau CBS. Dat komt vooral doordat de prijzen nu veel hoger zijn.  ( 3 min )

  • Open

    Goldman Sachs Likes These 2 Stocks, Insiders Just Poured Millions Into Them — Here’s Why You Might Want to Ride Their Coattails
    The well-worn adage ‘Keep it simple’ isn’t just a cliché; it holds true in many areas of life, including the stock market. It’s easy to get lost in the never-ending barrage of information and day-to-day drama on Wall Street, but a simple strategy will often point towards the best investment choices. One such strategy is to keep an eye on the insiders’ moves. These corporate officers are the ones who know best what is going on in the companies they oversee. When they are seen buying shares of the  ( 41 min )
    Bank of America raises its S&P 500 price target and says the outlook is 'glass half full' as bad news is already priced into stocks
    No content preview
    China's economy has turned rotten and its reopening boom is a 'charade,' market expert says
    "A growth model dependent on stimulus and debt was always going to be unsustainable, and now it has run out of steam."  ( 38 min )
    Top IBM Shareholders
    The top IBM shareholders are James Whitehurst, Arvind Krishna, James Kavanaugh, Vanguard Group Inc., BlackRock Inc., and State Street Corp.  ( 21 min )
    Zoom Shares Jump as Revenue Beats Estimates
    Zoom Communications shares jumped after beating analysts' estimates for revenue.  ( 17 min )
    Dow Jones Futures: Biden-McCarthy Debt Ceiling Meeting Imminent; Tesla Stock Has New Buy Point
    No content preview
    These 5 Growth Stocks Have Perfect 99 Ratings
    No content preview
    How Fake AI Photo of a Pentagon Blast Went Viral and Briefly Spooked Stocks
    (Bloomberg) -- A falsified photograph of an explosion near the Pentagon spread widely on social media Monday morning, briefly sending US stocks lower in possibly the first instance of an AI-generated image moving the market.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealMexico Raises Alert Level on Volcano Rumbling Near CapitalParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racis  ( 8 min )
    Blackstone in Talks With Lenders on Maturing Chicago Office Loan
    (Bloomberg) -- Blackstone Inc. is in discussions with lenders on a $310 million mortgage backed by a struggling Chicago office tower. Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealMexico Raises Alert Level on Volcano Rumbling Near CapitalParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a WeekThe commercial mortgage  ( 7 min )
    Zoom Stock Jumps on Strong Earnings and Improved Outlook
    Zoom Video beat Wall Street estimates and the company's own guidance—for both earnings and revenue—for the just-ended April quarter.  ( 22 min )
    Apple Stock Got Downgraded. Brilliant or Foolish?
    Shares of the tech giant have gained 34% this year, more than triple the S&P 500.  ( 22 min )
    Shipping line Zim gets hammered by high spot-rate exposure
    Zim outperformed competitors on the way up and is falling faster than other carriers on the way down. The post Shipping line Zim gets hammered by high spot-rate exposure appeared first on FreightWaves.  ( 42 min )
    Top Airline Stocks for Q2 2023
    Singapore Airlines, Sun Country Airlines, and Copa Holdings lead industry in revenue growth  ( 21 min )
    Dow Jones Falls But Other Indexes Climb As McCarthy Urges Biden To Beat This Addiction; DraftKings Soars On Upgrade
    No content preview
    Apple, Microsoft, and 3 other stocks are now worth nearly $9 trillion – or almost 25% of the S&P 500
    Apple, Microsoft, Alphabet, Amazon and Nvidia are worth nearly $9 trillion combined as an AI boom has seen investors pile into mega-cap tech stocks.  ( 38 min )
    Top 5 Companies Owned by Ford
    Discover some of Ford Motor Company's most important subsidiaries and joint ventures and what they do to further Ford's business interests.  ( 20 min )
    Game Theory Offers Clue to Market Calm Amid Debt Impasse
    (Bloomberg) -- The US is hurtling toward a credit default that pundits universally agree would be catastrophic for the economy and financial markets. So why is the S&P 500 treading water near a nine-month high?Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseMexico Raises Alert Level on Volcano Rumbling Near CapitalMeta Fined Record €1.2 Billion in EU Over US Data TransfersMessi, Ronaldo Lead Saudi Arabia's Multibillion-Dollar MakeoverGame theory offers some insi  ( 39 min )
    Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway?
    The chip maker is getting a vote of confidence from KeyBanc Capital Markets for its long-term commitment to AI apps.  ( 22 min )
    Lyft is 'open' to selling itself. There might not be any buyers
    Lyft (LYFT) CEO David Risher has said that the rideshare company is "open" to selling itself, but there's a kicker – there's no obvious acquirer.  ( 41 min )
    Chevron to Acquire PDC Energy for $6.3 Billion
    Chevron (CVX) said Monday it would buy energy exploration and production company PDC Energy (PDCE) for $6.3 billion.  ( 17 min )
    First Citizens sues HSBC for hiring away Silicon Valley Bank staff
    First Citizens BancShares Inc, which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC on Monday, accusing it of illegally poaching more than 40 of the failed bank's employees. The lawsuit filed in San Francisco federal court says HSBC violated federal law by hiring away the workers in order to improperly gain access to Silicon Valley Bank's (SVB) trade secrets. First Citizens in the lawsuit said it is seeking more than $1 billion in damages.  ( 38 min )
    Analyst Report: Brighthouse Financial Inc
    No content preview
    Tesla Stock Is Rallying Again. Maybe Ford Did It.
    Shares of electric-vehicle giant Tesla are logging their fifth straight day of rising Monday. There are a few reasons for the big gain, but Ford might account for most of it.  ( 22 min )
    Market Update: DRI, WTRG, BHF
    No content preview
    Nvidia Partner Among 5 Semiconductor Stocks Etching Bases And Buy Zones
    No content preview
    Big-Bank Savings and CD Rates (But You Can Earn So Much More)
    It's easy to earn a great rate on your savings or a CD, but it means looking beyond the big-name banks. Smaller players pay significantly more, and are just as safe.  ( 23 min )
    ZIM Stock Tumbles After Q1 Earnings and Dividend Halt: The Details
    ZIM Integrated Shipping Services Ltd (NYSE: ZIM) reported a Q1 2023 sales decline of 63% Y/Y to $1.37 billion, missing the consensus of $1.57 billion. Carried volume in Q1 was 769 thousand TEUs, a decrease of 10% Y/Y. The average freight rate per TEU in Q1 was $1,390 (-64% Y/Y). The company generated an EPS loss of $(0.50), down from $14.19 a year ago. Adjusted EBITDA fell 85% Y/Y to $373 million, with margins of 27% vs 68% a year ago. ZIM's total cash position stood at $4.25 billion as of March  ( 38 min )
    What's Going On With NVIDIA Stock Today
    Nvidia Corp (NASDAQ: NVDA) has announced a pact with Rolls Royce Holdings Plc(OTC: RLLCF) and Classiq to design jet engines using quantum computing. The companies used quantum-computing technologies to introduce computation fluid dynamics in operating jet engines. Leveraging Nvidia Corp's quantum-computing platform, the companies simulated the world's largest quantum-computing circuit for computational fluid dynamics to develop jet engines. The circuit was built using NVIDIA A100 Tensor Core GPU  ( 38 min )
    Stocks risk 'sharp' reaction if debt ceiling talks go awry: JPMorgan
    In a new note, JPMorgan argues a debt ceiling crisis in 2023 could be far worse for markets than it was in 2011 when the S&P 500 fell nearly 20% from its peak.  ( 40 min )
    Fortinet, A Cybersecurity And AI Leader, Breaks Out; Analysts Bullish On Outlook
    No content preview
    10 Biggest Car Companies
    With Volkswagon leading the pack, these are the 10 biggest car companies by 12-month trailing revenue.  ( 22 min )
    Ford Strikes Lithium Supply Deals With World’s Top Producers
    (Bloomberg) -- Ford Motor Co. reached a series of deals to buy lithium from projects in Canada to Chile, as automakers rush to secure the materials needed to build electric vehicles.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Meta Fined Record €1.2 Billion in EU Over US Data TransfersMexico Raises Alert Level on Volcano Rumbling Near CapitalFord has struck deals with Albemarle Corp., the world’s top  ( 39 min )
    Don’t be fooled by the S&P 500 rally, says Wall Street’s top strategist Mike Wilson
    He cautioned investors against falling into a “false bull trap.”  ( 39 min )
    Nvidia Could Miss on Gaming, but Buy the Stock Anyway. Here’s Why.
    The chip maker is getting a vote of confidence from KeyBanc Capital Markets for its long-term commitment to AI apps.  ( 22 min )
    Stock Market Awaits Biden-McCarthy Debt-Ceiling Cage Match; DraftKings Soars To 52-Week High On Upgrade
    No content preview
    The Game Theory of the Debt Limit Points Toward Settlement
    The two sides' relative negotiating strength helps explain why fInancial markets have stayed relatively calm, writes Larry Hatheway.  ( 43 min )
    Exxon Joins EV Race for Lithium. It Won’t Save The Stock.
    Exxon Mobil has bought land in Arkansas that contains lithium, a key component in lithium-ion batteries that power electric vehicles.  ( 22 min )
    Apple Stock Downgraded On Signs Of Slowing iPhone Demand
    No content preview
    ‘Don’t Miss the Next Bull Market’: Billionaire Ken Fisher Stays Heavily Invested in These 2 ‘Strong Buy’ Stocks
    Following 2022’s bear, the markets have made a recovery in 2023 with both the S&P 500 and, in particular, the NASDAQ showing healthy year-to-date gains. Therefore, it might be a natural instinct for investors who have nursed heavy losses to be eying the exit gate now the market is rebalancing, and the initial investment is back to breaking even. That kind of thinking, however, is a big mistake, says legendary investor Ken Fisher. “As initial bull market rallies build, investors — raw from the pr  ( 41 min )
    Ford no longer stuck in ‘valuation box,’ 2nd-gen EVs will unlock profitability, CEO says
    Ford’s transformation into three business units focused on gas-powered cars, electric vehicles, and commercial customers is less than two quarters old. And investors still have a lot of questions for the 120-year old automaker - and how CEO Jim Farley intends to push profitability.  ( 40 min )
    Tesla Pricing Detour Outmaneuvers Headlines; Elon Musk Says Automakers Do 'This All The Time'
    No content preview
    Apple Stock Butterfly Spread Benefits From Neutral Price Action, Can Return $925
    No content preview
    PacWest stock pops after selling $2.7 billion in real estate loans
    PacWest's deal is adding to momentum around a recovery in the regional banking sector.  ( 38 min )
    Fed’s Bullard Sees Two More Interest-Rate Hikes Needed in 2023 to Cool Prices
    (Bloomberg) -- Federal Reserve Bank of St. Louis President James Bullard said he expects the central bank will need to raise interest rates twice more this year to quell inflation.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Meta Fined Record €1.2 Billion in EU Over US Data TransfersMexico Raises Alert Level on Volcano Rumbling Near Capital“I think we’re going to have to grind higher,” he said Monday  ( 37 min )
    Chevron to Buy Shale Driller PDC in $6.3 Billion Stock Deal
    (Bloomberg) -- Chevron Corp. said it will buy driller PDC Energy Inc. in a $6.3 billion all-stock deal, allowing Chevron to expand its holdings in shale basins in Colorado and West Texas.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Meta Fined Record €1.2 Billion in EU Over US Data TransfersMexico Raises Alert Level on Volcano Rumbling Near CapitalChevron will pay $72 a share, a roughly 14% premium on  ( 38 min )
    Estate Tax Planning Tips For 2023
    Estate planning matters if you're hoping to preserve as much of your wealth and assets as possible for future generations. One of the biggest challenges is finding ways to minimize your tax liability, as taxes can shrink the value of … Continue reading → The post The Basics of Estate Tax Planning appeared first on SmartAsset Blog.  ( 41 min )
    Medigap vs. Medicare Advantage: Which Has More Benefits?
    Medigap and Medicare Advantage are both healthcare plans used by people in retirement. Medigap insurance helps supplement areas like coinsurance, deductibles and copayments. Medicare Advantage, sometimes called Part C, plans are offered by private companies approved by Medicare. We'll dive … Continue reading → The post Differences of Medigap vs. Medicare Advantage appeared first on SmartAsset Blog.  ( 39 min )
    Goldman hints at an AI-fueled profits boom over the next 10 years: Morning Brief
    Will AI unleash a corporate profits boom? Goldman Sachs seems to think so.  ( 39 min )
    I'm Retired and Divorcing. Is This Going to Wreck My Finances?
    Retirement is a major milestone that most couples look forward to. But some couples find the transition to retirement negatively impacts their marriage, sometimes resulting in irreconcilable differences and divorce. Rates of late-in-life divorce, also called "gray" divorce, have risen … Continue reading → The post How to Navigate a Divorce After You Retire appeared first on SmartAsset Blog.  ( 43 min )
    Does Beneficiary Designation Overrule a Will?
    Some financial products like life insurance or tax-advantaged retirement accounts require you to name one or more beneficiaries. However, that's not the case with many assets. For instance, you can buy a house or set up a savings account without … Continue reading → The post Differences of Beneficiary Designations vs. Wills appeared first on SmartAsset Blog.  ( 40 min )
    Dow Jones Futures Rise Ahead Of Biden-McCarthy Debt Ceiling Meeting; Apple Slides On Downgrade
    No content preview
    Chevron to Buy PDC Energy in $6.3 Billion Stock Swap
    The deal would boost the oil company’s ownership in the largest U.S. oil field and in the Denver-Julesburg Basin.  ( 25 min )
    Chevron to Acquire PDC Energy for $6.3 Billion
    'PDC’s attractive and complementary assets strengthen Chevron’s position in key U.S. production basins,' says Chevron Chairman and CEO Mike Wirth in a statement.  ( 25 min )
    Japan's Mizuho to Buy Investment Bank Greenhill
    Mizuho of Japan has agreed to buy investment bank Greenhill in a deal worth $550 million including debt, the companies said Monday. Greenhill's stock surged premarket. Some key details: Mizuho is paying [$15 a share in cash](https://www.globenewswire.com/news-release/2023/05/22/2673304/0/en/Miz  ( 18 min )
    Ironwood Pharmaceuticals to Buy VectivBio in $1 Billion Deal. The Sector Is Hot for M&A.
    The drugmaker is paying $17 a share for the Swiss biotech company. The move adds to the $71 billion worth of deals announced in the healthcare and life sciences space in the first quarter.  ( 22 min )
    Nvidia stock is trading on 'heroic' valuations amid its 2023 eruption: strategist
    Nvidia has been the Wall Street darling stock of 2023.  ( 40 min )
    Weekly Stock List
    No content preview
    UPDATE 2-Chevron to buy PDC Energy in $7.6 bln deal
    Chevron Corp said on Monday it would acquire PDC Energy Inc in an all-stock transaction for $7.6 billion, including debt. The oil major said the PDC deal would bring strong free cash flow, low breakeven production and development opportunities adjacent to Chevron's position in the Denver-Julesburg Basin, as well as additional acreage to the company's position in the Permian Basin. The deal is expected to increases Chevron's proved reserves by 10% at an acquisition cost of under $7 per barrel of oil equivalent.  ( 37 min )
    How Much $10,000 Invested In Meta's IPO 11 Years Ago Is Worth Now
    No content preview
    How To Trade Stocks: Do You Know The Seven Most Important Words On Wall Street?
    No content preview
    Biden’s Billion-Dollar Oil Trade Faces a Big Test
    Washington awaits bids to refill crude reserves with modified price proposal.  ( 28 min )
    Daily – Vickers Top Insider Picks for 05/22/2023
    No content preview
    Daily – Vickers Top Buyers & Sellers for 05/22/2023
    No content preview
    Ironwood Pharmaceuticals to Buy VectivBio for About $1 Billion
    Ironwood Pharmaceuticals is paying $17 a share for the Swiss biotech company.  ( 22 min )
    5 Things to Know Before Markets Open
    President Joe Biden and House Speaker Kevin McCarthy will meet today in a another effort to avoid a default and the European Union issued a record data privacy fine to Facebook parent Meta Platforms. Here’s what investors need to know today.  ( 19 min )
    Analyst Report: Rithm Capital Corporation
    No content preview
    Analyst Report: Rocket Companies Inc
    No content preview
    Analyst Report: Itron Inc.
    No content preview
    Analyst Report: Kimco Realty Corp.
    No content preview
    PacWest to Sell $2.6 Billion Real Estate Loans at Discount
    (Bloomberg) -- PacWest Bancorp, one of the regional US lenders that was engulfed in turmoil earlier this month, said it agreed to sell a $2.6 billion portfolio of 74 real estate construction loans as part of its plan to shore up liquidity.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Mexico Raises Alert Level on Volcano Rumbling Near CapitalMeta Fined Record €1.2 Billion in EU Over US Data TransfersKen  ( 38 min )
    Daily Spotlight: Stocks May Take Off Post Rate-Hike Cycle
    No content preview
    Technical Assessment: Bearish in the Intermediate-Term
    No content preview
    PacWest Sells Real Estate Loans. The Stock Rises.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )
    PacWest Sells Real Estate Loans. The Stock Rises.
    The bank and other regional lenders have come under fire from investors over the past few months.  ( 22 min )
    Ford says it will stop competing in over-served markets, won't be all things to all people
    Ford Motor Co. CEO Jim Farley says the company will stop competing in over-served market segments and instead will place big bets on connected vehicles and digital services. The days of Ford being all things to all people are over, Farley said in a statement ahead of the company's capital markets day event Monday. Executives are to explain how Ford will get to a 10% pretax profit margin in 2026.  ( 38 min )
    There’s Rarely a Case for Pulling Out of the Market. This Might Be One.
    Another debt-ceiling meeting, China bans some Micron sales as chip war escalates, and other news to start your day.  ( 23 min )
    Top Property Owners Are Creditworthy—They Might Default Anyway
    Powerful investors such as Brookfield Asset Management are starting to cut their losing real estate bets to protect returns.  ( 25 min )
    PacWest Bancorp to sell real estate loans to Kennedy-Wilson unit
    Regional lender PacWest Bancorp said on Monday it entered into an agreement to sell a portfolio of 74 real estate construction loans to a subsidiary of Kennedy-Wilson Holdings Inc.  ( 37 min )
    Apple’s Relentless Rally Puts $3 Trillion in View
    (Bloomberg) -- Apple Inc.’s rally in 2023 has brought it back to the brink of a historic threshold: a $3 trillion market valuation.The stock has soared 35% this year, adding nearly $690 billion in market value, as investors have flocked to the iPhone maker’s steady revenue and massive cash flows. The advance has put Apple within striking distance of its January 2022 record.“In my career, I never envisioned a company of this size, but then I never envisioned a company capable of generating more t  ( 40 min )
    Stocks to Watch Monday: Micron, Meta, JPMorgan
    ↘️ Micron Technology (MU): The chip maker fell nearly 6% in premarket trading after [Beijing banned Chinese companies from buying the company's products](https://www.wsj.com/articles/beijing-bans-mi  ( 19 min )
    Kansas farmers abandon wheat fields after extreme drought
    Farmers in Kansas, the biggest U.S. producer of wheat used to make bread, are abandoning their crops after a severe drought and damaging cold ravaged farms. They are intentionally spraying wheat fields with crop-killing chemicals and claiming insurance payouts more than normal, betting the grain is not worth harvesting, Reuters found on a three-day tour of the state. Abandoning fields will lead to a smaller U.S. wheat supply in the world's No. 5 wheat exporter, with stocks seen falling to a 16-year low.  ( 39 min )
    Micron Stock Sinks on China Sales Ban. Why Intel, Nvidia, AMD Look Safe for Now.
    China’s cyberspace regulator told companies involved in critical information systems to stop buying Micron chips.  ( 23 min )
    Stock Prices of Office Landlords Plummet as Short Sellers Pile In
    Vacancies are climbing and rents are sinking amid a stalled return-to-office rate.  ( 26 min )
    Applied Materials to invest $4 billion in Silicon Valley chip research center
    U.S. semiconductor toolmaker Applied Materials Inc on Monday said it plans to spend up to $4 billion on a research center in the heart of Silicon Valley to speed up advances in semiconductor manufacturing. The center, which will be based in Sunnyvale, California, will come on line in 2026 and create up to 2,000 engineering jobs, said Applied, which is the world's biggest maker of the tools used in manufacturing chips. The facility will host about $25 billion of research work over its first decade, pulling together staff from research universities and major chipmakers such as Intel Corp, Taiwan Semiconductor Manufacturing Co and Samsung Electronics Co Ltd, among others.  ( 39 min )
    India's culling of its 2000-rupee notes is driving hoarders to realty and gold
    India has witnessed a spurt in demand for gold since the Reserve Bank of India (RBI), last week, announced that the 2,000-rupee currency notes will be pulled out of circulation.  ( 38 min )
    These Stocks Are Moving the Most Today: Micron, Ford, Exxon, Foot Locker, Zoom Video, and More
    China bans companies from buying chips from Micron Technology, Ford hosts an investor day, and Zoom Video is scheduled to report earnings Monday.  ( 23 min )
    Morgan Stanley’s Wilson Says US Rally Isn’t Start of Bull Market
    (Bloomberg) -- Don’t be fooled into believing that the rally in US stocks is the beginning of a new bull market, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergBiden Says US-China Relations Set to Improve ‘Very Shortly’China’s $23 Trillion Local Debt Mess Is About to Get WorseMexico Raises Alert Level on Volcano Rumbling Near CapitalZelenskiy Signals Bakhmut Falling, Russian Casualties HighWilson, among the most bearish voices on Wall Street, says there’s too much evidence,  ( 38 min )
    Adani Stocks Surge, Head for Best Day Since Hindenburg’s Report
    (Bloomberg) -- Adani Group shares surged on Monday, extending gains spurred by an Indian court panel’s report that found no conclusive evidence of stock-price manipulation as alleged by US short seller Hindenburg Research.Most Read from BloombergBiden Says US-China Relations Set to Improve ‘Very Shortly’Zelenskiy Signals Bakhmut Falling, Russian Casualties HighMexico Raises Alert Level on Volcano Rumbling Near CapitalTraders Brace for Volatility With US Debt Deal Still ElusiveThe 10 Adani stocks  ( 38 min )
    China bans US chipmaker Micron in escalating tech battle - latest updates
    China has said it found "relatively serious" cybersecurity risks from chips made by US semiconductor giant Micron amid an escalating technology battle between the superpowers.  ( 39 min )
    4 big analyst picks: Norfolk Southern stock pops on 2 upgrades
    Here is your Pro Recap of the biggest analyst picks you may have missed today: upgrades at Norfolk Southern, DraftKings, Union Pacific, and AnaptysBio. Norfolk Southern (NYSE:NSC) shares rose more than 2% pre-market today after two Wall Street firms upgraded the company, as InvestingPro reported in real time. Wells Fargo upgraded the company to Overweight from Equal Weight and raised its price target to $250.00 from $225.00.  ( 38 min )
    Carl Icahn’s mea culpa
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Credit Suisse staff prepare to sue Swiss regulator over lost AT1 bonuses-FT
    Credit Suisse AG staff are making preparations to sue the Swiss financial regulator over $400 million of bonuses that were cancelled following the bank's rescue by UBS, the Financial Times reported on Monday. Law firms Quinn Emanuel and Pallas, which are already suing Swiss regulator Finma on behalf of investors who owned AT1 bonds, have received multiple requests from senior managers at Credit Suisse to take legal action on their behalf, the report said.  ( 37 min )
    Explainer-How Wall Street is preparing for possible US debt default
    As talks over raising the U.S. government's $31.4 trillion debt ceiling go down to the wire, Wall Street banks and asset managers have been preparing for the fallout from a potential default. The financial industry has prepared for such a crisis before, most recently in September 2021. Less than two weeks remain until June 1, when the Treasury Department has warned that the federal government might not be able to pay all its debts, a deadline U.S. Treasury Secretary Janet Yellen reaffirmed on Sunday.  ( 39 min )
    How Did Hyundai Get So Cool?
    Korean carmaker known for its budget brands has become an EV innovator; sets sights on Tesla  ( 22 min )
    Dollar on defensive after dovish Powell, debt ceiling setback
    The dollar nursed losses against the yen and euro on Monday following a surprise breakdown in U.S. debt ceiling negotiations and after Federal Reserve chair Jerome Powell indicated a preference to slow rate hikes. Investors now await a key meeting between U.S. President Joe Biden and House Republican Speaker Kevin McCarthy to discuss the debt ceiling on Monday. "Have we not seen this movie before?" National Australia Bank strategist Rodrigo Catril said in a client note, while Westpac strategist Sean Callow called it a "hiccup."  ( 39 min )
    Beijing Bans Micron as Supplier to Big Chinese Firms, Citing National Security
    Cyberspace office says the chip maker’s products pose a major national-security risk.  ( 27 min )
    Oil edges up on supply worries, G7 pledge to enforce Russian price caps
    Oil prices edged up on Monday on a softer dollar and supply cuts from Canada and OPEC+ producers, while investors waited to see if a pledge by the Group of Seven (G7) nations to strictly enforce price caps on Russian energy would impact exports. Brent crude futures climbed 14 cents, or 0.2%, to $75.72 a barrel by 0018 GMT while U.S. West Texas Intermediate crude for July delivery, the more actively traded contract, was at $71.84 a barrel, up 15 cents, or 0.2%. The dollar came off a two-month top against a basket of major peers as investors expect the Federal Reserve to keep rates unchanged at its June meeting.  ( 39 min )
    Markets on edge as US debt ceiling talks approach crunch time
    Asian stocks and Wall Street futures slipped on Monday as U.S. debt ceiling negotiations approached crunch time after stalling last week, while lingering banking fears and fresh geopolitical worries capped sentiment. U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt ceiling on Monday, less than two weeks before the June 1 deadline after which Treasury expects the federal government will struggle to pay its debts. A failure to lift the debt ceiling would trigger a default, sparking chaos in financial markets and a spike in interest rates.  ( 39 min )
    Gold ticks up as traders navigate US debt limit hitch, Fed cues
    (Reuters) -Gold prices edged up on Monday as drawn-out discussions around the U.S. debt ceiling and Federal Reserve Chair Jerome Powell's less-hawkish comments added to the safe-haven bullion's appeal. "Concerns over the debt ceiling remain to be a key pillar of support for gold prices, with $2,000 providing a spring board for dip buyers on Friday as talks rolled over for another week," said Matt Simpson, a senior market analyst at City Index. U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt ceiling on Monday, which will be closely watched to see if a resolution is reached in the standoff after negotiations broke off on Friday.  ( 38 min )
    Can You Buy Vanguard Funds Through Another Brokerage?
    Vanguard mutual funds and exchange-traded funds (ETFs) can be bought through other brokerages, but some advantages may be lost and some fees incurred.  ( 19 min )
    Stocks, Currencies in Tight Ranges Amid Debt Talks: Markets Wrap
    (Bloomberg) -- Equity futures for US and Asian stock benchmarks slid while currencies held within tight ranges in a cautious start to trading Monday as the risk of a debt default in Washington cast a shadow over markets.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderZelenskiy Signals Bakhmut Falling, Russian Casualties HighTraders Brace for Volatility With US Debt Deal Still ElusiveBiden Says US-China Relations Set to Improve ‘Very Shortly’Movements in mo  ( 39 min )
    JPMorgan may turn First Republic sites into 'special branches' for wealthy clients, report says
    No content preview
  • Open

    Markets End Mixed Ahead of Debt Ceiling Meeting
    U.S. equities ended mixed on Monday, May 22, 2023 before President Biden and Speaker McCarthy were set to meet to negotiate an end to the debt ceiling stalemate.  ( 1 min )
    Dow Jones Today: Nike Trips Up Index
    Coming off a positive week, the Dow Jones Industrial Average dropped 0.4%, or 140 points, as investors continued to wait for developments in the U.S. debt ceiling negotiations.  ( 1 min )
    5 Things to Know Before Markets Open
    President Joe Biden and House Speaker Kevin McCarthy will meet today in a another effort to avoid a default and the European Union issued a record data privacy fine to Facebook parent Meta Platforms. Here’s what investors need to know today.  ( 1 min )
  • Open

    PacWest Sells Construction Loans to Raise Cash
    PacWest Bancorp sold 74 construction loans valued at $2.6 billion to Kennedy-Wilson Holdings, as it tries to boost its finances.  ( 1 min )
    Do People Still Go To The Bank? Yes, Says JPMorgan As It Plans Branch Expansion
    Online banking and apps, despite ominous predictions to the contrary, have not killed off your local bank and that's why JPMorgan's betting on expanding its branch footprint.  ( 1 min )
    Pfizer Shares Rise After Study Shows Its Diabetes Drug Helped Patients Lose Weight
    Pfizer's experimental diabetes treatment helped patients lose weight similar to Ozempic, but in less time.  ( 1 min )
    Ford Rolls Out Lithium Deals With Sights Set on EV Production
    Second-biggest U.S. EV maker announced deals that not only will supply enough lithium for millions of batteries, but also qualify for $7,500 in tax credits.  ( 1 min )
    Chevron to Acquire PDC Energy for $6.3 Billion
    Chevron (CVX) said Monday it would buy energy exploration and production company PDC Energy (PDCE) for $6.3 billion.  ( 1 min )
    Large Investors Slowed Home Purchases by Late 2022
    Large investors, who were buying homes and pricing out home buyers, are no longer investing in the housing market at a frenetic pace. Here's why and what it means for homebuyers.  ( 1 min )
    Facebook's $1.3 Billion Fine is One of the Largest Levied by EU Against Big Tech
    The European Union’s (EU) $1.3 billion fine against Facebook on Monday was the third-largest ever against a U.S. tech giant, and the latest in a series of fines meant to rein in big tech.  ( 1 min )
  • Open

    Top IBM Shareholders
    The top IBM shareholders are James Whitehurst, Arvind Krishna, James Kavanaugh, Vanguard Group Inc., BlackRock Inc., and State Street Corp.  ( 21 min )
    Zoom Shares Jump as Revenue Beats Estimates
    Zoom Communications shares jumped after beating analysts' estimates for revenue.  ( 16 min )
    Top CD Rates Today, May 22
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    JPMorgan's Dimon: No Plan Soon to Step Aside as CEO
    JPMorgan's Dimon has no plan soon to step aside as CEO, sees potential credit distress ahead but no repeat of 2008-09 crisis  ( 17 min )
    Personal Loan Rates & Trends, Week of May 22: Rates Jump
    Personal loan rates jumped following three weeks of declines, raising the overall average by 51 basis points and crossing the 21.00% threshold for the first time this year.  ( 18 min )
    Dow Jones Today: Nike Trips Up Index
    Coming off a positive week, the Dow Jones Industrial Average dropped 0.4%, or 140 points, as investors continued to wait for developments in the U.S. debt ceiling negotiations.  ( 16 min )
    Markets End Mixed Ahead of Debt Ceiling Meeting
    U.S. equities ended mixed on Monday, May 22, 2023 before President Biden and Speaker McCarthy were set to meet to negotiate an end to the debt ceiling stalemate.  ( 16 min )
    10 Biggest Tech Hardware Companies
    With Apple leading the pack, these are the 10 biggest tech hardware companies by 12-month trailing revenue.  ( 21 min )
    PacWest Sells Construction Loans to Raise Cash
    PacWest Bancorp sold 74 construction loans valued at $2.6 billion to Kennedy-Wilson Holdings, as it tries to boost its finances.  ( 16 min )
    4 Certified Senior Designations Worth Holding
    The number of financial designation programs offering expertise in “senior finance” is on the rise, but do they offer real value?  ( 24 min )
    Pfizer Shares Rise After Study Shows Its Diabetes Drug Helped Patients Lose Weight
    Pfizer's experimental diabetes treatment helped patients lose weight similar to Ozempic, but in less time.  ( 16 min )
    Investment Thesis: An Argument in Support of Investing Decisions
    An investment thesis is a strategy proposal backed by original research and analysis. It is important to decide your next step.  ( 18 min )
    How to Buy Fractional Shares on Fidelity
    Fidelity has been our top pick in multiple categories for the past several years. Come learn how its fractional share offering can help you build a diversified portfolio.  ( 22 min )
    Do People Still Go To The Bank? Yes, Says JPMorgan As It Plans Branch Expansion
    Online banking and apps, despite ominous predictions to the contrary, have not killed off your local bank and that's why JPMorgan's betting on expanding its branch footprint.  ( 17 min )
    Adjustable-Rate Mortgage: What Happens When Interest Rates Go Up
    Adjustable-rate mortgages can save borrowers money, but you can't go into one blind. In order to benefit from an ARM, you have to understand how it works.  ( 23 min )
    Ford Rolls Out Lithium Deals With Sights Set on EV Production
    Second-biggest U.S. EV maker announced deals that not only will supply enough lithium for millions of batteries, but also qualify for $7,500 in tax credits.  ( 18 min )
    Best Investment Apps of 2023
    Need an app for investing and trading? Here are the best investment apps based on user experience, trading technology, products, cost, security, and customer service.  ( 31 min )
    Top Airline Stocks for Q2 2023
    Singapore Airlines, Sun Country Airlines, and Copa Holdings lead industry in revenue growth  ( 20 min )
    Here's What Venmo's New Teen Debit Card Account Offers. Do You Need It?
    Venmo said its new Venmo Teen Account, a service that allows parents to open financial accounts for their teen children aged 13 through 17, will be available starting in June.  ( 17 min )
    Leading, Lagging, and Coincident Indicators
    Economic statistics may be leading indicators, lagging indicators, or coincident indicators. That is, they illuminate what may happen next, what just happened, or what is happening.  ( 21 min )
    Top 5 Companies Owned by Ford
    Discover some of Ford Motor Company's most important subsidiaries and joint ventures and what they do to further Ford's business interests.  ( 20 min )
    10 Biggest Technology Companies
    With Apple topping the list, these are the 10 biggest technology companies by 12-month trailing revenue.  ( 21 min )
    The Benefits of a Bond Portfolio
    Bonds are often viewed as the less-glamorous sidekicks of stocks, but they deserve more respect. Learn how a fixed-income portfolio works.  ( 21 min )
    Chevron to Acquire PDC Energy, Sending Its Shares Soaring
    PDC Energy shares (PDCE) are jumping after Chevron (CVX) announced an agreement to buy the energy exploration and production company for $6.3 billion.  ( 16 min )
    Big-Bank Savings and CD Rates (But You Can Earn So Much More)
    It's easy to earn a great rate on your savings or a CD, but it means looking beyond the big-name banks. Smaller players pay significantly more, and are just as safe.  ( 22 min )
    Large Investors Slowed Home Purchases by Late 2022
    Large investors, who were buying homes and pricing out home buyers, are no longer investing in the housing market at a frenetic pace. Here's why and what it means for homebuyers.  ( 17 min )
    Facebook's $1.3 Billion Fine is One of the Largest Levied by EU Against Big Tech
    The European Union’s (EU) $1.3 billion fine against Facebook on Monday was the third-largest ever against a U.S. tech giant, and the latest in a series of fines meant to rein in big tech.  ( 19 min )
    Today's Mortgage Rates & Trends - May 22, 2023: Rates Up Again
    Mortgage rates on 30-year and 15-year loans continued to rise, both now even further above their highest level in more than two months. Refinance rates were mixed.  ( 19 min )
    Cryptocurrencies To Watch: Week of May 22
    This week’s cryptocurrencies to keep an eye on are Render Token (RNDR), Synthetix (SNX), Mask Network (MASK), Injective (INJ), and XRP (XRP).  ( 20 min )
    Patent Share Definition
    Patent share is the percentage share of a universe of patents owned or created by one subset of that universe.  ( 19 min )
    10 Biggest Car Companies
    With Volkswagon leading the pack, these are the 10 biggest car companies by 12-month trailing revenue.  ( 22 min )
    The Top 5 British Petroleum (BP) Shareholders
    Learn the stories behind the five largest institutional shareholders of British Petroleum stock, who are all investment management firms.  ( 21 min )
    Montana TikTok Ban Likely To Face Challenges
    The new law assesses $10,000 fines on app stores that distribute TikTok to Montanans, but how can the state enforce it?  ( 18 min )
    Food and Agriculture Organization (FAO): What It Is and Does
    The Food and Agriculture Organization (FAO) is a United Nations agency that works on international efforts to defeat hunger by developing agriculture.  ( 19 min )
    What Cardboard Box Demand and Movie Tickets Tell Us About the Markets
    Jeff Kleintop, Chief Global Investment Strategist for Charles Schwab, rejoins The Express to share his favorite economic and market indicators, what to watch out for in the debt ceiling showdown, and how to pick stocks around the world in today's bewildering environment.  ( 15 min )
    Bank of America CD Rates: May 2023
    There are countless CD options, and it can be hard to choose. Gain a thorough understanding of Bank of America’s CD rates to make a well-informed decision about opening an account.  ( 19 min )
    Vanguard CD Rates: May 2023
    Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.  ( 18 min )
    How Is the Closing Price of a Currency Pair Determined in the Forex Market?
    Currencies trade on the foreign exchange market in which trading is always occurring somewhere around the world. Learn how a closing price is assessed.  ( 18 min )
    Registered Investment Advisor (RIA) Definition
    A registered investment advisor (RIA) professionally manages investment portfolios and advises on investment strategies. Learn more about RIAs and whether you need one.  ( 27 min )
    Top Beer Stocks for Q2 2023
    Anheuser-Busch, Ambev, and Tsingtao Brewery lead the industry in revenue growth.  ( 19 min )
    Becoming a Registered Investment Advisor (RIA)
    To become a registered investment advisor requires specific licensing, qualifications and regulations, but the greater freedom may be worth it.  ( 26 min )
    Which Types of Death Are Not Covered by Life Insurance?
    Life insurance provides a financial safety net for your loved ones, but in certain situations, your policy might not pay out the death benefit.  ( 24 min )
    Military Family’s Guide to Buying and Selling Homes
    Service members face challenging circumstances when deciding whether to buy—or how to go about selling—once they have a new post.  ( 23 min )
    Who Is Kenneth I. Chenault? Who Is the CEO for American Express?
    Kenneth I. Chenault is a former chair and CEO of American Express  ( 21 min )
    5 Things to Know Before Markets Open
    President Joe Biden and House Speaker Kevin McCarthy will meet today in a another effort to avoid a default and the European Union issued a record data privacy fine to Facebook parent Meta Platforms. Here’s what investors need to know today.  ( 19 min )
    Top Tax Deductions for Second-Home Owners
    The cost of owning a second home can be reduced through tax deductions on mortgage interest, property taxes, and rental expenses, among others.  ( 31 min )
    What Is Disposable Income, and Why Is It Important?
    Disposable income is the amount of money that a person or household has to spend or save after income taxes are deducted.  ( 26 min )
    7 Things You Didn’t Know About Sovereign Defaults
    Sovereign defaults, in which a nation can't pay its debts and is technically bankrupt, are actually more common than you think. Learn more about their impact.  ( 23 min )
    What Is the Risk-Free Rate of Return, and Does It Really Exist?
    The risk-free rate of return is the theoretical rate of return of an investment with zero risk. Learn how it works and what it means for investors.  ( 25 min )
    Can You Buy Vanguard Funds Through Another Brokerage?
    Vanguard mutual funds and exchange-traded funds (ETFs) can be bought through other brokerages, but some advantages may be lost and some fees incurred.  ( 19 min )
    Buying a Home in Trust
    You can buy a home in trust to control how, when, and to whom the property will transfer when you die, but the process can be more complex. Learn how it works.  ( 25 min )
  • Open

    TikTok begint rechtszaak tegen Amerikaanse staat Montana om verbod app
    TikTok heeft maandag een rechtszaak aangespannen tegen de Amerikaanse staat Montana, omdat daar vorige week een wet is aangenomen die het sociale medium verbiedt.  ( 3 min )
    175.000 werknemers erbij in de zorg, maar tekort is nog steeds niet weg
    175.000 mensen begonnen in 2022 met een baan in zorg en welzijn. Dat is het grootste aantal sinds eind 2010. Toch kampt de sector nog altijd met enorme personeelstekorten.  ( 3 min )
    Zeldzaam Vlaams abdijbier binnenkort (legaal) in Nederlandse slijterijen
    De monniken van de Sint-Sixtusabdij in het Vlaamse Westvleteren gaan binnenkort hun bier verkopen bij Nederlandse slijterijen. Omdat het gelijknamige trappistenbier nu voor hoge prijzen wordt verkocht op de zwarte markt, gaan de monniken het op de legale manier in Nederland verkopen.  ( 3 min )
    Gewild Vlaams abdijbier binnenkort (legaal) in Nederlandse slijterijen
    De monniken van de Sint-Sixtusabdij in het Vlaamse Westvleteren gaan binnenkort hun bier verkopen bij Nederlandse slijterijen. Omdat het gelijknamige trappistenbier nu voor hoge prijzen wordt verkocht op de zwarte markt, gaan de monniken het op de legale manier in Nederland verkopen.  ( 3 min )
    Minister De Jonge verwacht 'forse dip' in de woningbouw
    De omstandigheden voor de woningbouw zijn slecht, schrijft minister Hugo de Jonge (Volkshuisvesting) maandag in een brief aan de Tweede Kamer. Hoewel er vorig jaar meer woningen bij zijn gekomen dan De Jonge had verwacht, voorziet hij met name voor 2024 een "forse dip" in de woningproductie.  ( 4 min )
    Daling huizenprijzen toont aan dat gekte uit woningmarkt verdwijnt
    Prijzen voor koophuizen dalen al enige tijd en de vorige maand was daar geen uitzondering op, bleek maandag. Daarmee zijn de extreme stijgingen van de afgelopen jaren nog lang niet gecompenseerd, maar het toont volgens deskundigen wel aan dat de gekte langzaam uit de markt verdwijnt.  ( 5 min )
    Vijf van de zes hoogste privacyboetes in Europa zijn voor Meta
    Facebook-moederbedrijf Meta kreeg maandag een boete van 1,2 miljard euro opgelegd. Dat is de hoogste privacyboete ooit in Europa, maar lang niet de enige. Sinds 2018 zijn er tientallen techbedrijven voor honderden miljoenen euro's berispt vanwege dergelijke overtredingen.  ( 5 min )
    Schiphol ziet nog steeds een miljoen passagiers minder dan voor coronapandemie
    Schiphol telde ook in april een miljoen reizigers minder dan voor de coronapandemie. Er kwamen 5,1 miljoen passagiers voorbij. De luchthaven ziet het aantal passagiers wel toenemen in vergelijking met een jaar eerder.  ( 3 min )
    Privacyvoorvechters blij met hoge Meta-boete, maar onzekerheid bij techbedrijven
    Privacyorganisaties zijn blij met de Europese megaboete van 1,2 miljard euro voor Facebook-moederbedrijf Meta. Internetbedrijven zijn bezorgd en vragen zich af of zij nog gegevens van Europeanen mogen verwerken.  ( 4 min )
    Controleurs tellen duizenden tekortkomingen in slachthuizen
    De Nederlandse Voedsel- en Warenautoriteit (NVWA) heeft in de eerste helft van vorig jaar 5.700 tekortkomingen geconstateerd in grote Nederlandse slachthuizen. De toezichthouder vindt dat de bedrijven nu echt werk moeten maken van dierenwelzijn. Maar de vleessector herkent zich niet in het beeld.  ( 4 min )
    Facebook-moederbedrijf krijgt 1,2 miljard euro boete van Brussel
    Europese privacytoezichthouders hebben Meta een boete van 1,2 miljard euro opgelegd. Het moederbedrijf van Facebook krijgt die boete omdat het data van Europese gebruikers heeft doorgestuurd naar de Verenigde Staten.  ( 3 min )
    Ryanair waarschuwt voor hogere ticketprijzen nu meer mensen willen vliegen
    Ryanair gaat de ticketprijzen omhoogschroeven nu de vraag naar vliegreizen aantrekt. Wie onder de duurdere ticketprijzen uit wil komen, moet volgens topman Michael O'Leary vroeg boeken.  ( 3 min )
    Voormalig Shell-topvrouw gaat niet meer fulltime betaald werken
    Marjan van Loon, die afgelopen maand afzwaaide als president-directeur van Shell Nederland, gaat niet meer fulltime betaald aan de slag.  ( 3 min )
    Consumenten hebben minder vertrouwen in economie dan een maand geleden
    Het consumentenvertrouwen is na zes maanden groei iets gedaald. Consumenten zijn vooral negatiever over de economie in de aankomende twaalf maanden. De koopbereidheid is in mei wel wat toegenomen.  ( 3 min )
    Huizenprijzen in april voor derde maand op rij gedaald
    De prijzen van koopwoningen zijn in april voor de derde maand op rij gedaald. Gemiddeld betaalden kopers 4,4 procent minder dan een jaar eerder, blijkt uit cijfers van het CBS en het Kadaster.  ( 3 min )
    Huizenprijzen daalden in april voor derde maand op rij
    De prijzen van koopwoningen zijn in april voor de derde maand op rij gedaald. Gemiddeld betaalden kopers 4,4 procent minder dan een jaar eerder, blijkt uit cijfers van het CBS en het Kadaster.  ( 3 min )
    NU+ | Keukenapparatuur steeds slimmer, maar vaatwasser ruimt zichzelf niet in
    Vanuit de supermarkt via je smartphone een kijkje nemen in de koelkast of er nog bakboter is. Of onderweg naar huis alvast de oven laten voorverwarmen. In steeds meer Nederlandse keukens is slimme keukenapparatuur te vinden. Dat lijkt handig, maar is het niet altijd.  ( 4 min )

  • Open

    Insiders Pour $1 Million Each Into These 2 ‘Strong Buy’ Stocks⁠ — Here’s Why Wall Street Thinks They Could Double (or More)
    Investors are constantly looking for ways to generate big returns, after all that is the whole point of investing. Achieving that goal is easier said than done, however. As with anything, if it were really simple, investors would only have success stories to tell. That said, there are ways to gain an edge in the market, and one common route is to keep track of insiders’ actions. Insiders are corporate officers responsible for their respective companies’ performance and have access to information  ( 42 min )
    These Are The Best Robinhood Stocks To Buy Or Watch Now
    No content preview
    Stocks Poised to Fall
    The Federal Open Market Committee will release the minutes from its early-May monetary-policy meeting, which will be closely scrutinized for clues about when officials might pause interest-rate increases.  ( 22 min )
    Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks?
    No content preview
    The rise of ChatGPT could jump start the Roaring 20s for stocks and solidify a new bull market
    No content preview
    Yen Set to Inflict More Pain on Investors’ Bullish Convictions
    (Bloomberg) -- Things may get even worse for Japanese currency bulls after the yen touched its lowest level against the greenback this year and traders get closer to erasing their bets on a central bank policy tweak. Most Read from BloombergBiden Says US-China Relations Set to Improve ‘Very Shortly’Zelenskiy Signals Bakhmut Falling, Russian Casualties HighMexico Raises Alert Level on Volcano Rumbling Near CapitalTraders Brace for Volatility With US Debt Deal Still ElusiveThe yen closed at 137.98  ( 39 min )
    Ford to Host Investor Meeting. 3 Things to Watch.
    Ford Motors host its 2023 “Capital Markets Day” its calling “Delivering Ford+.” Investors can tune in starting at 8 a.m. Eastern time.  ( 22 min )
    A Tesla co-founder returns, TuSimple restructures again and Uber's stickiness strategy
    It was another busy week in the transportation world and no surprise, Tesla was one of the headliners. The company held its annual shareholder meeting and as per ushe, CEO Elon Musk shared tidbits and musings about the company. Speaking of Musk, he lost another bid to end a 2018 settlement with the U.S. Securities and Exchange Commission that requires oversight of some of his Tesla-related tweets.  ( 44 min )
    Costco, JPMorgan, Snowflake, Ford, Zoom, and More Stocks to Watch This Week
    Earnings reports from Zoom Video, Lowe’s, Snowflake, Best Buy, Costco, and Ulta. Plus, minutes from the Federal Reserve’s May meeting and core PCE inflation data.  ( 22 min )
    10 Biggest Banks in the World
    With Industrial and Commercial Bank Of China in the top spot these are the 10 biggest banks by 12-month trailing revenue.  ( 23 min )
    Beijing bans Chinese companies from using Micron chips in critical infrastructure
    China’s cybersecurity regulator has banned Chinese firms from buying chips from US memory manufacturer Micron.  ( 38 min )
    The Fed has come under fire for the way it tackled inflation. Here are the latest critiques from Elon Musk, Mohamed El-Erian and others.
    No content preview
    Canada: A New Frontier for Real Estate Investors
    This property market is easy to access and provides profitable opportunities.  ( 22 min )
    A Military Scientist Wants to Retire at 55 or 60. Will He Have Enough Money?
    An advisers suggests how he can shore up his finances and set aside money for his four children.  ( 27 min )
    Hate taxes? This is for you: IRS boosts HSA limits for 2024 by record amount. Here's why.
    IRS raised health savings account contribution limits for 2024 by a record amount. This may be a big deal for those who hate paying taxes. Here's why.  ( 39 min )
    Morgan Stanley CEO Stepping Down, Among Last From Era of Great Financial Crisis
    Morgan Stanley CEO's departure severs more banking ties to the global financial crisis; only a handful of CEOs at large U.S. banks during the 2008-09 financial crisis remain in place.  ( 18 min )
    Tech analysts quit en masse amid turmoil at City investment bank
    A team of tech analysts have quit en masse at a City investment bank in the latest sign of turbulence.  ( 38 min )
    Credit cards are not 'a piggy bank,' expert warns
    US credit cardholders now owe $986 billion in debt, data from the Federal Reserve of New York found.  ( 39 min )
    One of China’s Poorest Provinces Faces Imminent Debt Problem
    Guizhou province has jaw-dropping landscapes and some of the world’s highest bridges—and outstanding debt of about 1.3 times its gross domestic product.  ( 27 min )
    Fed Official Is Open to Foregoing June Rate Hike
    Minneapolis Fed President Neel Kashkari said he could support holding interest rates steady at the central bank’s next meeting.  ( 26 min )
    ‘Perverse’ tax system means work doesn’t pay, warns Treasury Select Committee chief
    Britain's tax system is riddled with "perverse" incentives and punishing levies that must be reformed to make work pay, the head of a powerful parliamentary committee has warned.  ( 41 min )
    Traders Brace for Volatility With US Debt Deal Still Elusive
    (Bloomberg) -- Investors are girding for spikes in currency volatility and losses in equities should US lawmakers struggle to clinch a debt-limit deal this week.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstZelenskiy Signals Bakhmut Falling, Russian Casualties HighTalks between politicians to end the deadlock hit another bump over the weekend with House Speaker Kevin McCarthy accusing White Hou  ( 38 min )
    TipRanks ‘Perfect 10’ List: 2 Stocks That Will Benefit Most From ChatGPT’s Meteoric Growth (Besides Microsoft)
    AI – artificial intelligence – has been stirring up the tech pot in recent times. With the release of ChatGPT, and the explosion of AI-powered natural language into the realm of online search, content creation, and even picture editing, it’s become clear that AI is the next frontier of the tech space. A sudden boom of this sort will always bring opportunities with it. New jobs and new products, of course – but also renewed opportunities in the stock market. Companies related to AI, either direct  ( 42 min )
    Debt ceiling drama, retail earnings, Fed Minutes: What to know this week
    The debt ceiling debate in Washington will remain in focus as uncertainty has begun to weigh on markets.  ( 41 min )
    Can I Use a Roth IRA as an Emergency Fund?
    Building an emergency fund is essential so you don't run into financial trouble if you lose your job or unexpected expense crops up. But keeping your emergency fund in a traditional savings account may not be the best solution. To … Continue reading → The post How to Use a Roth IRA as an Emergency Fund appeared first on SmartAsset Blog.  ( 39 min )
    Which of These 4 Retirement Withdrawal Strategies Is Best For You?
    Withdrawing money the right way matters. We often talk about how to save for retirement. That is, after all, essential business for everyone during their working life. Whether you follow the 60/40 strategy, put your money into real estate or … Continue reading → The post Four Retirement Withdrawal Strategies appeared first on SmartAsset Blog.  ( 40 min )
    Should I Be Using a Cashier's Check or Money Order?
    There are a few options when you need a secure way of paying for something. Sure, cash is king, but not everyone feels safe carrying a thick wad around. Cashier's checks and money orders are two of the more secure … Continue reading → The post Cashier's Check vs. Money Order appeared first on SmartAsset Blog.  ( 40 min )
    How Can I Build a Lucrative Multi-Asset Portfolio?
    Multi-asset strategies are styles of investment that provide for including a variety of different financial assets such as stocks, bonds and cash in a portfolio. Multi-asset strategies can provide greater diversification and less downside risk while also adding income and … Continue reading → The post What Are Multi-Asset Strategies? appeared first on SmartAsset Blog.  ( 39 min )
    Can I Take Out Life Insurance on Anyone?
    You can't buy a life insurance policy for just anyone. Before an insurance company approves your request to take out life insurance on anyone other than yourself, you must obtain the consent of the proposed insured. You also have to … Continue reading → The post Can You Take Out Life Insurance on Anyone? appeared first on SmartAsset Blog.  ( 40 min )
    The Healthcare Plan Most People Should Buy—and Why They Don’t
    Many people choose the wrong plan simply because it all seems too complicated to understand.  ( 26 min )
    Top Car Stocks for Q2 2023
    Electric vehicle makers BYD, Lucid, and Fisker lead the industry in revenue growth.  ( 22 min )
    The 34-year-old CEO of P.F. Chang’s wakes up at 4 a.m. and runs 8 miles every day. Here’s the Wall Street wunderkind’s daily routine
    Damola Adamolekun says he doesn’t need work-life balance.  ( 39 min )
    Investors Seek Shelter in Emerging Markets as Recession Risk Hits US
    (Bloomberg) -- Investors are planning to ramp up bets in emerging markets, according to the latest Markets Live Pulse survey — a sign the asset class is becoming a favorite for those wary of a US recession. Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutSome 61% of the 234 money managers, analysts and traders surveyed said they expect  ( 39 min )
    A US debt default is the wake-up call the world needs
    Interest rates will soar. The stock and bond markets will crash. And the global financial system will be plunged into turmoil as investors flee to any safe asset they can find.  ( 39 min )
    Largest U.S. Pension Sells Apple, Intel, NIO, and Li Auto Stock
    The California Public Employees' Retirement System, known as Calpers, cut positions in Apple and Intel stock, and sold shares of Chinese electric-vehicle makers NIO and Li Auto.  ( 22 min )
    Exxon Joins Hunt for Lithium in Bet on EV Boom
    The oil giant quietly laid plans earlier this year for potentially producing the mineral in Arkansas.  ( 27 min )
    Blackstone acquires International Gemological Institute
    Private equity giant Blackstone Inc said it has fully acquired the jewellery certification firm International Gemological Institute (IGI) from China's Fosun and the company's founding family. Blackstone acquired IGI- whose majority revenue and profits come from India- for about $530 million, said a person with direct knowledge of the matter. The statement said it had purchased an 80% stake from Fosun and 20% from the Lorie family.  ( 38 min )
    Blackstone acquires International Gemological Institute
    Private equity giant Blackstone Inc said it has fully acquired the jewellery certification firm International Gemological Institute (IGI) from China's Fosun and the company's founding family. Blackstone acquired IGI- whose majority revenue and profits come from India- for about $530 million, said a person with direct knowledge of the matter. The statement said it had purchased an 80% stake from Fosun and 20% from the Lorie family.  ( 38 min )
    Investors Seek Protection in Case of Debt-Ceiling Debacle
    Many are pulling cash from stock funds and seeking safety in Treasurys that don’t mature for several years.  ( 27 min )
    How America’s Largest Restaurant Franchisee Decides When to Raise Prices
    Flynn Restaurant Group harnesses internal and competitor data to take a surgical approach to selling fast food and sit-down meals.  ( 21 min )
    How Bud Light Blew It
    With one blunder after another, the brewing giant behind the brand became a case study in how not to handle a culture-war storm  ( 23 min )
    US Exposure Is Next Headache for Europe Inc. as Dollar Slides
    (Bloomberg) -- Behind the facade of Europe’s forecast-beating company earnings, cracks are appearing as exporters start to feel the pinch from regional exchange rate strength against the dollar.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitThe euro, Swiss franc and sterling a  ( 40 min )
    Analysis-Vodafone's new CEO faces tough calls to reconnect with investors
    When Vodafone named Margherita Della Valle as CEO last month, investors adopted a wait-and-see approach to whether the company veteran was the right person to jolt it out of a deep malaise. Within weeks, Della Valle gave them a stark assessment of the problems Vodafone faces. Della Valle, an Italian who joined Vodafone in 1994 and had been its chief financial officer since 2018, vowed on Tuesday to cut 11,000 of 90,000 jobs and speed up the delivery of new offers by giving local country bosses greater autonomy.  ( 40 min )
    Sunak’s complacency towards the management of Britain’s accounts is breathtaking
    Rishi Sunak is imposing the biggest tax rise the UK has seen since the 1970s. The Government’s decision to freeze personal tax thresholds for the next five years will drag millions of middle-income earners into the 40pc tax bracket.  ( 40 min )
  • Open

    What Are 409A Plans?
    A 409A plan is a non-qualified deferred compensation plan which involves a compensation that an employee has earned but not received. It's often used as a tax-saving strategy for high earners.  ( 19 min )
    Loan-to-Value (LTV) Ratio: What It Is, How To Calculate, Example
    The loan-to-value (LTV) ratio is a lending risk assessment ratio that financial institutions and other lenders examine before approving a mortgage.  ( 25 min )
    What Is the Difference Between Business Intelligence and Competitive Intelligence?
    Understand the difference between business intelligence and competitive intelligence. Learn why both are important for the success of a company.  ( 21 min )
    How to Buy a Foreclosed Home
    Finding and buying a foreclosed home is easier than it used to be, but you still have to know how to navigate the market.  ( 33 min )
    Interchange
    An interchange is the transfer of information between computers. Within business circles, it typically refers to an electronic data interchange, or EDI.  ( 18 min )
    Trade Resumption Definition
    Trade resumption refers to the commencement of trading activities after they have been shut down or halted for some period of time.  ( 19 min )
    Solow Residual: Definition, Example, Vs. TFP
    The Solow residual is a measure of an economy's productivity growth. It is also referred to as total factor productivity (TFP).  ( 19 min )
    Net Leverage (Insurance) Definition
    Net leverage is the sum of an insurance company’s net written premiums ratio and its net liability ratio. It is a gauge of the insurer's financial health.  ( 18 min )
    10 Biggest Banks in the World
    With Industrial and Commercial Bank Of China in the top spot these are the 10 biggest banks by 12-month trailing revenue.  ( 23 min )
    Wrap-Up Insurance: Definition, 2 Main Types, and Coverage Example
    Wrap-up insurance is an all-encompassing liability insurance policy that protects all contractors and subcontractors working on a large project.  ( 23 min )
    Affordable Market Value (AMV) Definition
    Affordable market value (AMV) is the price charged for an apartment building sold through the FDIC’s Affordable Housing Program.  ( 23 min )
    Net Premium Definition, Calculation, vs. Gross Premium
    Net premium, in the insurance industry, is calculated as the expected present value (PV) of a policy’s benefits minus the expected PV of future premiums.  ( 20 min )
    Probable Maximum Loss: Definition and How to Calculate It
    Probable Maximum Loss (PML) is the maximum loss that an insurer would be expected to incur on a policy. It's a standard calculation in underwriting.  ( 20 min )
    Canada: A New Frontier for Real Estate Investors
    This property market is easy to access and provides profitable opportunities.  ( 22 min )
    6 Tips for Getting Approved for a Mortgage
    If you're in the market for a home, it helps to know what lenders look for so you can adjust your finances accordingly. Here are six tips.  ( 23 min )
    Understanding Lender-Required Flood Insurance
    Flood insurance is required by some mortgage lenders if the property is in a federally designated high-risk flood zone.  ( 26 min )
    Jumbo Loans vs. Conventional Loans: What's the Difference?
    Conventional mortgages are more in line with the needs of the average homebuyer. Jumbo mortgages are for properties with steep price tags.  ( 27 min )
    Morgan Stanley CEO Stepping Down, Among Last From Era of Great Financial Crisis
    Morgan Stanley CEO's departure severs more banking ties to the global financial crisis; only a handful of CEOs at large U.S. banks during the 2008-09 financial crisis remain in place.  ( 17 min )
    A Guide to Private Mortgage Insurance (PMI)
    Private mortgage insurance (PMI) is often required for conventional mortgages with less than a 20% down payment. Learn how PMI is used and how to avoid paying for it.  ( 28 min )
    15-Year vs. 30-Year Mortgage: What's the Difference?
    When choosing between 15-year and 30-year mortgages, remember that longer terms usually mean smaller payments, but higher overall interest costs. Learn more.  ( 26 min )
    Down Payment: What It Is and How Much Is Required
    A down payment is a sum of money, usually a percentage of the cost the buyer pays at the outset of a purchase of a home or car.  ( 24 min )
    What Is Attestation? Definition, How It Works, History, and Example
    Attestation in law is the act of authenticating a formal document by witnessing it being signed and then also signing it to verify its legitimacy.  ( 20 min )
    Business Owner Policy (BOP): Definition, Coverage, Exclusions
    A business owner policy (BOP) combines protection from all major property and liability risks into one package. They typically contain business interruption insurance, property insurance, and liability protection.  ( 20 min )
    How to Become a Day Trader
    How does one become a day trader? We look at the training, tools, equipment, and strategies needed to succeed as a day trader.  ( 24 min )
    Top Car Stocks for Q2 2023
    Electric vehicle makers BYD, Lucid, and Fisker lead the industry in revenue growth.  ( 21 min )
    How to Calculate Profit Margin
    Learn about gross, operating, and net profit margins, how each is calculated, and how businesses and investors can use them to analyze a company's profitability.  ( 28 min )
    Assumable Mortgage: What It Is, How It Works, Types, Pros & Cons
    An assumable mortgage is a type of financing arrangement in which an outstanding mortgage can be transferred from the current owner to a buyer.  ( 27 min )
    Zero Cost Collar: Definition and Example
    A zero cost collar is an options strategy used to lock in a gain by buying an out-of-the-money (OTM) put and selling a same-priced OTM call.  ( 20 min )
  • Open

    Huizenprijzen zijn in april opnieuw gedaald
    De prijzen van koopwoningen zijn in april voor de derde maand op rij gedaald. Gemiddeld betaalden kopers 4,4 procent minder dan een jaar eerder, blijkt uit cijfers van het CBS en het Kadaster.  ( 3 min )
    Graaiflatie komt voor, maar is ook politieke term om bedrijven zwart te maken
    We hebben al anderhalf jaar te maken met een torenhoge inflatie. Dat is onder meer terug te zien aan onze energierekening en boodschappen. Critici denken dat bedrijven misbruik maken van de situatie en de prijzen extra verhogen voor eigen gewin: de zogenoemde graaiflatie. Deskundigen twijfelen daarover.  ( 5 min )
    Bang dat je vliegreis wordt geannuleerd? Kies voor een pakketreis
    Honderden vluchten van Transavia zijn al geannuleerd en mogelijk volgen er meer. De Consumentenbond adviseert daarom om voor een pakketreis te kiezen. "Kies voor zoveel mogelijk bescherming."  ( 5 min )
    Graaiflatie komt voor, maar is ook politieke term om bedrijven te zwart te maken
    We hebben al anderhalf jaar te maken met een torenhoge inflatie. Dat is onder meer terug te zien aan onze energierekening en boodschappen. Critici denken dat bedrijven misbruik maken van de situatie en de prijzen extra verhogen voor eigen gewin: de zogenoemde graaiflatie. Deskundigen twijfelen daarover.  ( 5 min )
  • Open

    Morgan Stanley CEO Stepping Down, Among Last From Era of Great Financial Crisis
    Morgan Stanley CEO's departure severs more banking ties to the global financial crisis; only a handful of CEOs at large U.S. banks during the 2008-09 financial crisis remain in place.  ( 1 min )

  • Open

    Mike Rowe's warning to white collar workers: 'The robots are coming' for 'your white collar job'
    'How America Works' host Mike Rowe unpacks how A.I. developments could impact jobs and offers a message to workers in light of white-collar recession fears.  ( 39 min )
    BofA says AI is in a 'baby bubble' that echoes the dot-com era, and one move could easily blow up the investment frenzy ignited by ChatGPT
    No content preview
    Home prices have dropped the most in 11 years with soaring mortgage rates driving away would-be buyers
    US home prices fell nearly 2% year-over-year in April, according to the National Association of Realtors.  ( 37 min )
    Is AMC Stock A Buy Or Sell Now? Here's What Fundamentals, Chart Action, Fund Ownership Metrics Say
    No content preview
    A young billionaire buys Forbes, a startup offers free TVs and ChatGPT goes mobile
    You've made it to the end of the week -- congrats, by the way -- and to Week in Review (WiR), TechCrunch's regular newsletter covering the week that was in tech. On May 24, TechCrunch Live, TC's podcast about founder stories, will host Romi Gubes, the co-founder of Sensi.AI, in a discussion about how the company uses audio-based software to monitor patients and assist medical staff and family members with care. Meanwhile, TechCrunch City Spotlight will go virtual on June 7 with a focus on Atlanta, where speakers will present about building businesses in the exploding metro and startups will apply to participate in TC's famed Battlefield 200.  ( 40 min )
    It’s Time to Rethink Love for Cash With Fed Most Likely ‘Done’
    (Bloomberg) -- Wall Street investors sitting on a pile of cash could start considering other opportunities, with the Federal Reserve possibly heading for a pause in interest-rate hikes, according to Tom Kennedy, chief investment strategist for global wealth management at J.P. Morgan. Most Read from BloombergBiden Says US-China Relations Set to Improve ‘Very Shortly’Zelenskiy Signals Bakhmut Falling, Russian Casualties HighZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderTraders Br  ( 41 min )
    Corporate America Hit by Rate-Sticker Shock: Credit Weekly
    (Bloomberg) -- Corporate America is waking up to what higher interest rates really mean.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutCompanies across the credit spectrum are facing sharply higher financing costs after the Federal Reserve raised its benchmark rate for ten consecutive meetings, bringing it to a range of 5% to 5.25% ear  ( 40 min )
    Bond Market Caught Between Fears of US Debt Default, Rate Hikes
    (Bloomberg) -- Bond traders are losing faith that the Federal Reserve is done tightening monetary policy and will ride to the rescue with rate cuts this year. Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitStock Market Keeps Rallying, Defying Doom ScenariosThe latest shift in  ( 39 min )
    US Inflation Set to Stay Firm in Challenge for the Fed
    (Bloomberg) -- The latest marker of underlying US price pressures will offer little hope of settling the debate among Federal Reserve officials about whether they’ve made enough progress on inflation to step off the monetary-policy brakes.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutStock Market Keeps Rallying, Defying Doom ScenariosZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitM  ( 41 min )
    Warren Buffett swapped shares for cocoa beans in a weird 1950s deal. Billionaire Thomas Pritzker just told his father's side of the story.
    No content preview
    This investor holds $74 million in Tesla stock. Here's why he's bullish on the future of Elon Musk's EV company.
    No content preview
    'Elon has his mojo back': A top Tesla investor shares the biggest takeaways from the shareholder meeting and why the stock is a must-have in your portfolio now
    No content preview
    Wall Street increasingly doubts Fed can meet 2% inflation target
    (Bloomberg) -- Some bond-market bets are signaling that the inflation rate will fall close to the Federal Reserve’s 2% target in the next year. A growing number of Wall Street asset managers are saying that’s a pipe dream.Most Read from BloombergDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderStock Market Keeps Rallying, Defying Doom ScenariosMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownZelenskiy Meets W  ( 40 min )
    These are the most common disruptions seniors face in retirement
    Roughly half of today’s retirees (48%) say their retirement has involved even more surprises and challenges than expected.  ( 40 min )
    A Professor Spent Years Helping His Mother. Now He Needs to Figure Out His Finances.
    A financial adviser weighs in on when he can afford to stop teaching.  ( 27 min )
    Icahn Is No Saint, but Illumina Can Still Use a Flawed Savior
    Despite a short seller’s accusations that his company has inflated its asset prices, Carl Icahn’s effort to shake up Illumina’s board is still very much in the interest of shareholders.  ( 26 min )
    Many married couples are making subpar retirement choices, study finds
    Many married couples are leaving retirement money on the table, according to a new working paper, and those with signs of trouble are most at risk.  ( 39 min )
    Roth 401(k) Contribution Limits For 2023
    No content preview
    Is It Even Possible to Say I Do to My Partner Without Saying I Do to Wedding Debt, too?
    No content preview
    How to Save $10,000 in Just 1 Year
    We would all like to save a bit more money. Whether you want a better safety net, need to pay off debt or are saving up for a big purchase, having extra cash on hand is a good thing. It's … Continue reading → The post How to Save $10,000 in a Year appeared first on SmartAsset Blog.  ( 40 min )
    Top 5 China Stocks To Buy And Watch: EV Leaders Show Spark
    No content preview
    Will I Owe Taxes on My Non-Qualified Annuities?
    Non-qualified annuities have some unusual tax advantages. With these contracts, you invest money using after-tax dollars. The money in the annuity then grows tax-free or technically tax-deferred, until the contract matures. At that point, called the "annuitization," you begin receiving … Continue reading → The post Non-Qualified Annuity Taxation: Guide appeared first on SmartAsset Blog.  ( 40 min )
    How to Financially Support Family Members With Special Needs After You Die
    Ensuring the long-term financial stability of a loved one with special needs can be an exceptionally confusing process. Public programs like Medicaid and Supplemental Security Income (SSI) will provide for them and pay for their services for the rest of … Continue reading → The post Special Needs Trusts Vs. ABLE Accounts appeared first on SmartAsset Blog.  ( 40 min )
    How Much Money Do I Really Need to Retire?
    While there may not be a more common or consequential financial question then "how much money do I need to retire?," there isn't a one-size-fits-all answer. One person's retirement income needs will be different from the next, depending on their … Continue reading → The post How Much Money Do You Need to Retire? appeared first on SmartAsset Blog.  ( 40 min )
    Retirement Annuitization vs. Withdrawals: Which Will Cost Me Less?
    Purchasing an annuity can provide you with an additional stream of income for retirement. One thing you'll have to decide is to annuitize payments or opt for lifetime withdrawals. Whether it makes sense to opt for annuitization vs. withdrawal can … Continue reading → The post Annuitization vs. Lifetime Withdrawals for Annuities appeared first on SmartAsset Blog.  ( 40 min )
    Hedge Funds’ Ultra-Bearish Oil Bets Signal US Recession Angst
    (Bloomberg) -- Money managers that trade derivatives linked to oil and fuel prices are about as bearish as they’ve been in more than a decade, suggesting they’re braced for a recession that could cause contracts from crude to jet fuel to take another tumble.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutStock Market Keeps Rallying, Defying Doom ScenariosZelenskiy Meets With India’s Modi on Sidel  ( 40 min )
    MercadoLibre Leads 5 Stocks Near Buy Points From This Classic Bullish Pattern
    No content preview
    China’s Wavering Recovery Reverses Copper Rally
    Copper prices have slumped to a five-month low, also reflecting the resolution of supply disruptions and some traders stepping up bearish bets against the metal.  ( 27 min )
    San Francisco is reportedly investigating Twitter over possible building code violations
    San Francisco authorities have opened a new investigation into Twitter after six former senior employees filed a lawsuit against the company, according to AP and the San Francisco Chronicle.  ( 38 min )
    The ‘dysfunctional’ debt ceiling fight could deal a $12 trillion blow to the American economy if Washington doesn’t get its act together
    There have been 78 debt ceiling deals since 1960 and zero failures. Could this time really be different?  ( 41 min )
    The high-stakes debt ceiling fight could be a $12 trillion blow to the American economy: Here are 3 disasters a default would trigger
    Janet Yellen has warned that defaulting on the debt would be a "catastrophe," but do you really know what that means?  ( 40 min )
    New York skyscrapers sit empty as Manhattan reels from rise of home working
    Simon Mitchell’s office in Union Square, New York City has had an eerily empty feel since the Covid pandemic. With four in five desks unused in a space with capacity for 300, the marketing manager only goes in when he feels like he might have some company.  ( 41 min )
    Buy Side from WSJ | Best Dividend Stocks of 2023
    Steady investments for an unsteady market  ( 47 min )
    Debt-Ceiling Standoff Could Start a Recession, but Default Would Be Worse
    Economists assess the damage that could occur in three scenarios ranging from a last-minute deal to a lengthy impasse.  ( 27 min )
    Auto Dealers Finally Have Cars to Sell Again
    Some brands are getting heavier on inventory than others as shoppers’ concerns about rising interest rates put a dent in demand.  ( 27 min )
    Memory chip market may be showing signs of bottoming out as China's YMTC leads Samsung, Micron in raising prices
    No content preview
    AT&T opposes the Starlink and T-Mobile satellite-to-phone service plan
    AT&T has raised concerns that Starlink's and T-Mobile's satellite service, in its current proposed state, could interfere with existing wireless services.  ( 37 min )
    Goldman’s David Solomon: There’s More Banking Consolidation to Come
    The Goldman Sachs CEO sees more challenges for small and midsize institutions as the cost of banking continues to climb.  ( 22 min )
    A $518 Billion Rally Shows Japan Stocks Are All the Rage in 2023
    (Bloomberg) -- Some of the world’s most famed investors and the biggest Wall Street banks are voicing a near consensus that Japan’s stock market is the place to be as its larger peers — the US and China — grapple with rising economic headwinds.Most Read from BloombergDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesStock Market Keeps Rallying, Defying  ( 40 min )
    Explainer-What India's decision to scrap its 2000-rupee note means for its economy
    India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens have been asked to deposit or exchange these notes by Sept. 30, 2023. The decision is reminiscent of a shock move in 2016 when the Narenda Modi-led government had withdrawn 86% of the economy's currency in circulation overnight.  ( 38 min )
    US stocks close lower after Republicans and the White House hit an impasse in debt-ceiling talks
    "We've got to get movement by the White House and we don't have any movement yet," House Speaker Kevin McCarthy said about the stalled debt talks.  ( 38 min )
    Yes, a College Degree Is Still Worth It
    College graduates continue to command higher wages, but to combat falling enrollment, schools need to emphasize skills over credentials.  ( 25 min )
    America’s Biggest Bank Is Everywhere—and It Isn’t Done Growing
    The deposit crisis that toppled First Republic and two other banks has only made JPMorgan stronger.  ( 23 min )
    Americans view gold as a better investment than stocks for the first time since 2013. Here's why that's a good sign for the stock market.
    No content preview
    Dow Jones Futures: Debt-Ceiling Talks Resume; Nvidia Earnings Key For Market Rally
    No content preview
  • Open

    FHA Loans vs. Conventional: What’s the Difference?
    FHA loans and conventional loans are both types of mortgages—but an FHA loan is intended for borrowers with lower credit scores and income.  ( 29 min )
    Triangular Arbitrage: Definition and Example
    Triangular arbitrage involves the exchange of a currency in a series of three currency pairs over a short amount of time for a profit.  ( 20 min )
    Reciprocal Insurance Exchange: Definition, How It Works, Example
    Reciprocal insurance exchanges are where individuals and businesses exchange insurance contracts to spread the risk among themselves.  ( 22 min )
    6 Basic Financial Ratios and What They Reveal
    When it comes to investing, ratios can help make you a more informed investor when they're properly understood and applied. There are 6 basic financial ratios.  ( 25 min )
    How Do SPDRs, Vanguard ETFs, and iShares Differ?
    iShares, Vanguard ETFs, and spiders each represent different exchange-traded fund (ETF) families. Learn more about these ETF families and their differences.  ( 19 min )
    No-Appraisal Refinancing: Definition and Eligibility
    No-appraisal refinancing means that a lender does not require an independent assessment of a home’s value to extend a new mortgage.  ( 21 min )
    U.S. Stocks Advance Despite Retail Investors' Lethargy
    U.S. stocks have advanced in recent weeks despite substantially lower buying activity from retail investors.  ( 15 min )
    Government National Mortgage Association (Ginnie Mae): History and Programs
    Ginnie Mae is a federal government corporation that links the United States housing market to capital markets, providing low-cost financing for federal housing programs.  ( 21 min )
    Archer MSA Definition
    An Archer MSA is a medical savings account established in the 1990s and named after Texas Congressman Bill Archer.  ( 22 min )
    Budgeting for New Baby: Ongoing & One-Time Expenses
    This little member of your family will be a big expense. Find out what you need to budget for and how to save.  ( 26 min )
    Insurance Risk Class Definition and Associated Premium Costs
    An insurance risk class has similar characteristics, which are used to determine the risks of underwriting a policy and the premium that should be charged.  ( 22 min )
    Top Reasons Banks Won't Cash Your Check
    Cashing a check isn't always easy. Problems can include the age of the check, the amount of the check, and proof of identity of the person cashing it.  ( 22 min )
    Bank Deposits
    Bank deposits are money placed into a deposit account at a banking institution, such as savings accounts, checking accounts, and money market accounts.  ( 23 min )
    Here's How Citadel Star Priyanka Chopra Made Millions
    Hair care, homeware brand and even a custom popcorn flavor are among her brands  ( 20 min )
    Corrective Waves Definition
    Corrective waves are a set of price movements normally associated with the Elliott Wave Theory of technical analysis.  ( 18 min )
    Beat of the Week: Bath & Body Works Posts Biggest Weekly Gain Since November
    Bath & Body Works (BBWI) shares rise to two-month high after posting better-than-expected earnings and raising guidance for the year.  ( 17 min )
    Apple Users Can 'Talk' To ChatGPT Using New App. Here's What You Can Do With It.
    OpenAI's new ChatGPT app for Apple's iOS will allow users to use the chatbot "on the go," give it voice commands and receive ad-free recommendations.  ( 17 min )
    How to Evaluate a Company's Balance Sheet
    A company's balance sheet should be interpreted when considering an investment as it reflects their assets and liabilities at a certain point in time.  ( 26 min )
    How RIAs Can Avoid Discrimination in Hiring
    RIAs that operate their own small businesses may have HR departments with different experience than corporations, and may be more likely to make mistakes.  ( 24 min )
    Marriage vs. Common-Law Marriage: What's the Difference?
    The number of unmarried couples is on the rise, but they may not have similar benefits to married couples unless they have a common-law marriage.  ( 31 min )
  • Open

    U.S. Stocks Advance Despite Retail Investors' Lethargy
    U.S. stocks have advanced in recent weeks despite substantially lower buying activity from retail investors.  ( 1 min )
    Beat of the Week: Bath & Body Works Posts Biggest Weekly Gain Since November
    Bath & Body Works (BBWI) shares rise to two-month high after posting better-than-expected earnings and raising guidance for the year.  ( 1 min )
    Markets Fall as Debt Ceiling Talks Pause
    U.S. equities declined on Friday, May 19, 2023 as GOP negotiators called for a pause in talks to raise the federal debt ceiling.  ( 1 min )
  • Open

    Zelfscankassa's en inflatie leiden tot meer gepik in supermarkt
    Klanten van supermarkten namen vorig jaar vaker iets mee zonder te betalen dan in 2021. Supermarkten liepen daardoor gemiddeld 66.300 euro per winkel mis. In 2021 lag dat bedrag ongeveer 20.000 euro lager, blijkt uit onderzoek van retailspecialist Marshoek waar NOS over schrijft.  ( 3 min )
    Waarom boycot rechts Amerika merken zoals Disney?
    Sommige grote Amerikaanse merken en bedrijven worden geboycot door Republikeinen. Volgens rechts-conservatief Amerika zijn bedrijven als Disney te 'woke', omdat ze zich veel met sociale kwesties bezighouden. Wat is er aan de hand?  ( 4 min )
    Adidas verkoopt berg aan Yeezy-spullen, opbrengst deels naar goede doelen
    Adidas begint eind mei met de verkoop van de spullen die voortkwamen uit de samenwerking met Kanye West. Die samenwerking werd verbroken na antisemitische uitlatingen van de rapper, die inmiddels door het leven gaat als Ye. Volgens het sportmerk gaat "een aanzienlijk deel" van de opbrengsten naar het goede doel.  ( 3 min )
    Make-upinfluencers maken jongeren te onzeker, vindt de cosmeticabranche
    Jonge influencers zijn belangrijk voor cosmeticamerken. Als een mascara of huidcrème viral gaat, is de kans groot dat het een goedlopend product wordt. Toch probeert de Nederlandse Cosmetica Vereniging deze reclames te beteugelen: "Merken realiseren zich niet wat de gevolgen zijn voor het zelfbeeld van jongeren."  ( 5 min )
  • Open

    Catalent Shares Climb After Positive Comments About the Firm's Business
    Catalent shares jumped after the contract drug maker said customer supplies are strong and it's getting "significant" new business.  ( 1 min )
    Foot Locker's Profit and Sales Miss Estimates, and the Retailer Cuts its Outlook
    Foot Locker reported first quarter earnings and revenue that came short of analyst estimates and lowered its guidance.  ( 1 min )

  • Open

    The 5 Stocks That Rule This Market—and Make Investors Nervous
    Apple and its compatriots have returned an average of 50% in 2023, accounting for roughly 80% of the S&P 500’s 8% gain.  ( 22 min )
    Stock Market Shrugs Off Doomsday Scenarios. It Might Be Right.
    There’s a bear market in worry on Wall Street—about higher rates, a debt-ceiling debacle, and more. When sentiment is this bearish, gains often follow.  ( 22 min )
    Berkshire Stock Buys Still Get a Buffett Bounce—but Maybe Not the Expected Results
    Over the past few years, Berkshire Hathaway has engaged in more rapid trading in its $350 billion portfolio. Some plays are made by Warren Buffett’s lieutenants.  ( 23 min )
    A Wounded Carl Icahn Makes His Play at a Struggling Illumina
    The legendary activist, whose own company is under attack, has launched a proxy contest for three seats on the gene-sequencing giant’s board, which is mired in a messy acquisition. The stakes are high for both.  ( 23 min )
    Western Alliance Stock Is Positioned to Outperform Peers
    Analysts weigh in on Western Alliance, YETI Holdings, Expedia Group, MercadoLibre, and Nvidia  ( 22 min )
    Tesla Stock’s Twitter Overhang Is Gone. Here’s What Comes Next.
    It was a bumpy ride, as is usually the case with Tesla stock, but shares are up more than $11 since Musk announced he found a CEO for Twitter.  ( 22 min )
    These are the top 10 stocks held by 'Big Short' investor Michael Burry
    No content preview
    Why an Interest Rate Hike Is Still on the Table for June
    Recent data point to consumer strength and even a pickup in housing. That leaves the Federal Reserve room to raise interest rates again in June.  ( 22 min )
    Third Point to Pay Out Hedge-Fund Redemptions with Cash and IOUs
    Daniel Loeb's Third Point told its hedge-fund clients Friday that investors exiting its funds would be paid out with a mix of cash and the equivalent of an IOU for about 9% of their money, according to a letter viewed by The Wall Street Journal. The new redemption policy highlights the frozen state  ( 20 min )
    Fund manager outperforming 96% of peers bets big on AI with Nvidia and Microsoft but avoids Apple, Alphabet and Meta
    No content preview
    JetBlue and American Airlines were ordered by a judge to end their alliance in the Northeast US
    A federal judge in Massachusetts struck down a partnership between JetBlue and American Airlines to coordinate routes and schedules in the Northeast US, which had effectively combined the Boston and New York operations of the two carriers. Citing antitrust grounds, the judge ruled that the deal was a “naked agreement not to compete.”  ( 39 min )
    Stock Market Action Plan: Nvidia, D.R. Horton And A Wave Of Retail Earnings
    No content preview
    Walmart, Tesla, Micron: Stocks That Defined the Week
    Seven major companies whose stocks moved on the week’s news.  ( 26 min )
    Treasury's Cash Pile Shrinks Further as Debt-Ceiling Talks Stall
    (Bloomberg) -- Yields on US Treasury bills that mature in early June have resumed climbing as the federal government’s coffers dwindle to the lowest level in almost a year-and-a-half, increasing pressure on lawmakers to strike a deal to raise the debt limit as negotiations show signs of faltering on Capitol Hill.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimis  ( 39 min )
    LGBTQ+ group suspends Bud Light maker's rating over handling of backlash to transgender influencer
    The country's largest advocacy group for LGBTQ+ rights has suspended its benchmark equality and inclusion rating for Anheuser-Busch, citing the beer company's handling of the hate-filled and transphobic backlash to its partnership with transgender influencer Dylan Mulvaney last month. The Human Rights Campaign informed the Bud Light maker that it suspended the company's 2022 Corporate Equality Index score — a tool that measures corporate policies, practices and benefits related to the well-being of lesbian, gay, bisexual, transgender and queer employees — on May 9, according to a letter shared with the The Associated Press on Friday. The suspension of Anheuser-Busch’s CEI score means that the company “no longer has the right to use the ‘Best Places to Work’ distinction,” HRC’s letter says.  ( 39 min )
    VMware Extends Deadline for Takeover by Broadcom in Face of Scrutiny
    (Bloomberg) -- VMware Inc. has agreed to extend the deadline for its takeover by Broadcom Inc. as the $61 billion deal faces regulatory scrutiny. Most Read from BloombergMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesMorgan Stanley CEO Gorman to Step Down Within 12 MonthsWall Street Fears $1 Trillion Aftershock From Debt DealNYC Skyscrapers Sit Vacant, Exposing Risk City Never PredictedThe companies are now a  ( 38 min )
    Strike expands Bitcoin payments to 65 countries, moves global headquarters to El Salvador
    The Jack-Mallers led Lightning app says it can now support nearly 3 billion people globally.  ( 39 min )
    It’s Time to Think Bigger on AI. These 8 Stocks Could Be the Next Winners.
    If AI is going to change the world, investors will have lots of ways to play the theme. Here are ideas that go beyond Nvidia, Microsoft, and Alphabet.  ( 23 min )
    Dan Ives says China is losing the A.I. race as Wedbush sees ‘discernibly more clients in Asia’ rotating toward Silicon Valley
    Investors in Asia seem to be betting bigger on American A.I. than China's.  ( 39 min )
    Stock Market Keeps Rallying, Defying Doom Scenarios
    (Bloomberg) -- A recession will torpedo stocks. Or banking turmoil. Or a government default, or falling earnings, or a too-aggressive Federal Reserve.Most Read from BloombergMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesMorgan Stanley CEO Gorman to Step Down Within 12 MonthsWall Street Fears $1 Trillion Aftershock From Debt DealDoom-saying is never  ( 41 min )
    Semiconductor Stock Rambus Could Be An Acquisition Target: Analyst
    No content preview
    ON Semiconductor Seen Outpacing Rivals In Silicon Carbide Chips
    No content preview
    Foot Locker Stock Tumbles After Earnings Report
    Shares of Foot Locker tumbled Friday after the retailer missed Wall Street expectations in its latest quarterly report and slashed its outlook for the full year. The stock closed down 27%. Foot Locker [posted adjusted earnings](https://www.wsj.com/articles/foot-locker-fl-q1-earnings-report-2023-8f  ( 18 min )
    This Little-Known Hotel REIT Is Up 46% Over The Past Two Months
    Most of 2022 was bad for real estate investment trusts (REITs), particularly the hotel REIT subsector, as inflation, Federal Reserve rate hikes, hurricanes, airline delays and the threat of a recession provided headwinds for the group. Several hotel REITs lost as much as 40% to 50% of their value throughout the year. But some hotel REITs have bounced back in 2023 as the hospitality industry saw an uptick in business and personal travel. Many hotel REITs announced first-quarter operating results  ( 40 min )
    Shun mega-cap tech stocks as a 'big asset bubble' is building in growth shares, Bank of America's top strategist says
    No content preview
    Boeing, First Solar, and Viking Therapeutics Notch Stellar Performances Over the Last Year
    Three stocks have had stellar performances over the last 12 months in their respective indexes, according to Dow Jones Market Data as of Friday afternoon. The best performer in the Dow Jones Industrial Average is aerospace giant Boeing (BA), which has gained 70% over the last 12 months. The best p  ( 23 min )
    Homebuilders Are Booming. There Are Two Big Reasons Why
    Homebuilder shares have been some of the top-performing stocks of the past year. Five big builders—including D.R. Horton, Lennar and PulteGroup—are trading near record highs, even with Friday's rare declines. This is probably not what investors expected when the Federal Reserve began raising intere  ( 18 min )
    'We Are Going Up': New York Mets Owner Steve Cohen Identifies 'Big Wave' Of Opportunities In This Segment. Here's How He's Positioning His Bets
    Heightened interest rates have cast a shadow of doubt over stock market optimism, intensifying concerns of a looming economic downturn. Many experts have called for a recession. But billionaire hedge fund manager and New York Mets owner Steve Cohen is taking a bullish stance. “I’m making a prognostication — we’re going up,” he said at a private conference, according to Bloomberg. Cohen knows a thing or two about navigating the markets and rising to the top. After all, the hedge fund manager’s ca  ( 40 min )
    Tyson Insiders Bought Up the Beaten-Down Shares
    A disappointing quarterly report hammered Tyson stock. CEO Donnie King led a group of executives in scooping up shares.  ( 22 min )
    How a U.S. debt default could impact your money
    "It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.  ( 39 min )
    The stunning tech rally that boosted Meta and Nvidia by over 100% will fizzle out soon, top RBC strategist says
    No content preview
    Tesla offering discounts of over $1,300 on some U.S. Model 3 cars-website
    Tesla is offering discounts of more than $1,300 on some Model 3 cars in its U.S. inventory following even heavier discounts in Europe, according to a Reuters' review of its website, at a time when the electric carmaker has raised U.S. prices on most newly ordered cars this month. Tesla, which this year has aggressively cut vehicle prices in several regions, is resorting to the traditional automakers' tactic of offering incentives to clear inventory at a time when it faces economic headwinds and rising competition, industry analysts say. Tesla CEO Elon Musk told shareholders on Tuesday the company will try advertising for the first time, in a move seen by analysts to drum up demand.  ( 38 min )
    Goldman Sachs Says Small-Cap Stocks Are Attractively Valued at Current Levels; Here Are 2 Names the Banking Giant Likes
    Small-caps may be poised for another lackluster year, but according to Luke Barrs, asset manager and global head of client portfolio management for the investment bank Goldman Sachs, there are compelling factors that make them an attractive investment choice. Acknowledging the risks and poor sentiment that characterize the current market, Barrs goes on to say, “There are many parts of the small-cap space that are being penalized due to the macro concerns of the past couple of years.” He further  ( 42 min )
    Warren Buffett's Berkshire Hathaway And Two More Stocks Hit New Highs
    No content preview
    The S&P 500 will crash 30% by December as spending slumps, profits shrink, and banking problems mount, markets guru Larry McDonald warns
    No content preview
    Alibaba Makes Another Step Towards Unlocking Value
    On May 18th, following Walmart (NYSE: WMT) who topped estimates due to resilient customers, Alibaba Group Holding Limited (NYSE: BABA) showed it has made significant progress on the profitability front, despite quarterly revenue missing expectations. This is the first report since its historical restructuring that split the company into six business units and also the first since COVID-19 restrictions were eased at the end of last year. Fourth Quarter Highlights Revenue for the quarter ended on  ( 39 min )
    Carl Icahn bet on America to fail. Instead he lost $9 billion
    A short seller accused the billionaire of covering up his losses by bribing shareholders with a dividend. Now he admits his 'mistake': 'Don't fight the fed'  ( 40 min )
    Everyone Is Focusing on Bud Light’s Transgender Controversy. They’re Missing a Bargain Stock Opportunity.
    The controversy over Bud Light’s transgender promotion obscures Anheuser-Busch InBev’s push to boost global sales and revenue growth  ( 22 min )
    The biggest home buyers in America are now selling more property than they're buying
    No content preview
    Household bills to plunge by £500 as Putin's energy war fails
    Household energy bills are expected to fall by an average £500 from July in a sign that Vladimir Putin's attempt to "weaponise" Russia's gas supplies have failed.  ( 62 min )
    Analyst Report: Walmart Inc
    No content preview
    Analyst Report: UWM Holdings Corporation
    No content preview
    US regional bank stocks fall after Yellen says more bank mergers necessary
    Shares of U.S. regional lenders fell on Friday after CNN reported that U.S. Treasury Secretary Janet Yellen told bank chief executives that more mergers may be necessary following a series of bank failures. Yellen also reaffirmed the strength and soundness of the country's banking system at the meeting with bank CEOs on Thursday in the aftermath of the collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank. The KBW Regional Banking Index fell 3%, with shares of PacWest Bancorp and Western Alliance among the biggest losers as they shed 4% each.  ( 39 min )
    Brazil’s Market Likes Its New President. 6 Stocks to Play.
    The catalyst for the market’s upturn is a set of fiscal rules by Brazil’s president to fix recurring budget deficits. Investors were pleased.  ( 22 min )
    Market Update: AMAT, EA, WMT, UWMC
    No content preview
    Western Alliance, KeyCorp Fall as Report Says Yellen Notes More Bank Mergers May Be Needed
    Treasury Secretary Janet Yellen told bank chief executives that more bank mergers may be necessary, according to a report from CNN.  ( 23 min )
    GE CFO Leaving Because Soon There Will Be No GE
    GE announced that CFO Carolina Dybeck Happe will leave and Rahul Ghai will take over. Given what's coming, it makes a lot of sense.  ( 22 min )
    Forget Apple Stock. Here’s the Reason the S&P 500 Is Doing So Well.
    Apple makes up about 8% of the S&P 500's market cap, while Nvidia and other AI-focused companies make up around 15%.  ( 26 min )
    Nine Rounds of Interviews and No Call Back: It’s Harder Than Ever to Land a White Collar Job
    Hiring for the office set is slowing down and employers are getting picky again  ( 28 min )
    Foot Locker Steps in It, Keeps Moving
    The new CEO has laid out a sensible strategy, but progress is difficult to see in such a challenging economic environment.  ( 27 min )
    What's Going On With Nvidia Stock Friday
    No content preview
    Artificial intelligence gives real boost to U.S. stock market
    Recent advances in artificial intelligence are fueling optimism over how businesses can operate more productively in the years ahead. The S&P 500's 9% rally this year has been driven by a handful of the index's biggest stocks, a number of which are at the center of the AI frenzy that has spread in the wake of the chatbot sensation ChatGPT. Five stocks - Microsoft, Google parent Alphabet, Nvidia, Apple and Meta Platforms - are responsible for the S&P 500's entire year-to-date return, said Jessica Rabe, co-founder of DataTrek Research.  ( 39 min )
    Republicans storm out of ‘unreasonable’ debt ceiling talks with White House
    Joe Biden cut short a dinner with Rishi Sunak and other world leaders on Friday as crunch talks over raising America's debt ceiling continued.  ( 38 min )
    Powell Signals a June Pause, Says Fed Can Afford to Watch Data
    (Bloomberg) -- Federal Reserve Chair Jerome Powell gave a clear signal he is inclined to pausing interest-rate increases next month and said that tighter credit conditions could mean the policy peak will be lower.Most Read from BloombergDisney Drops Plan to Move Workers to Florida, Closes HotelWall Street Fears $1 Trillion Aftershock From Debt DealMorgan Stanley CEO Gorman to Step Down Within 12 MonthsNYC Skyscrapers Sit Vacant, Exposing Risk City Never PredictedUkraine Leader Zelenskiy to Visit  ( 38 min )
    Disney stock slumps on Wall Street downgrade citing 'near-term uncertainties'
    Disney shares are under pressure after one Wall Street analyst said uncertainties like declining linear networks, direct-to-consumer hurdles, and a slowing parks business are clouding the media giant's future.  ( 40 min )
    Stock Market Slumps as Republicans Walk Out of Debt Ceiling Talks
    Stocks were dropping sharply Friday amid disappointing news about debt ceiling discussions. The Dow Jones Industrial Average shed 134 points, or 0.4%, the S&P 500 lost 0.3%, and the Nasdaq Composite fell 0.4%. Negotiators broke off talks on the debt ceiling Friday morning, The Wall Street Journal  ( 26 min )
    Stocks Waver During Powell’s Speech
    Stocks gave back earlier gains during remarks by Federal Reserve Chairman Jerome Powell at the Thomas Laubach Research Conference in Washington D.C. that underlined the  ( 24 min )
    Catalent Stock Surges Even as It Needs More Time to Post Quarterly Figures. Here’s Why.
    Catalent reduces fiscal 2023 revenue guidance but says its customer supply situation remains 'healthy' and that it continues to 'win significant new business.'  ( 22 min )
    Apple Is Reaching Deeper Into Your Pocket. Why PayPal and Other Fintechs Should Be Scared.
    The iPhone maker is expanding its virtual wallet to take on many of the functions performed by fintechs, like paying bills, issuing credit cards, or offering buy-now-pay-later service.  ( 23 min )
    3 Retail REITs On The Rebound
    It’s often said that successful investing involves buying high-quality stocks and holding them for the long term. But it’s not just about what stocks you buy. It’s also when you buy them that determines your total return. If high-quality stocks are in a sector that is out of favor, it could still be a long time before the investor sees a profit. For investors in real estate investment trusts (REITs), holding these stocks long term through 2022 and part of 2023 has been difficult. Even stalwart r  ( 40 min )
    Carl Icahn Admits Making A Mistake On Bearish Bet, Said He Should Have Kept His Own Advice
    Prominent activist investor Carl Icahn has acknowledged his error in placing a substantial bet on a market crash, ultimately resulting in his group suffering losses of nearly $9 billion over six years. The net asset value of Icahn Enterprises LP (NASDAQ: IEP) decreased from $7.9 billion in 2017 to $5.6 billion this month, posing a potential issue for Icahn, as he traditionally opted for an annual dividend of $8 per share in stock rather than cash. Consequently, the number of outstanding shares m  ( 39 min )
    Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets.
    My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.  ( 40 min )
    Snowflake Stock Kicks Into Gear Ahead Of Fiscal Q1 Results; Nvidia, ELF Beauty, PANW Set To Report
    No content preview
    India to withdraw 2,000-rupee notes from circulation
    MUMBAI (Reuters) -India will start withdrawing 2,000-rupee ($24.5) notes from circulation, its central bank said on Friday, adding that evidence showed the denomination was not being commonly used for transactions. The notes will remain legal tender, but people will be asked to deposit and exchange them for smaller denominations between May 23 and Sept. 30, the Reserve Bank of India said. "The stock of banknotes in other denominations continues to be adequate to meet the currency requirement of the public," the RBI added in a statement.  ( 37 min )
    After Scorching Big Tech Rally, One Indicator Is Flashing Sell
    (Bloomberg) -- This year’s searing Big Tech rally is showing signs of overheating, with at least one technical measure suggesting a pullback might be right around the corner. Most Read from BloombergDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownStock Market Keeps Rallying, Defying Doom ScenariosDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesMorgan Stanley CEO Gorman to Step Down Within 12 Month  ( 39 min )
    Stocks rise amid debt limit confidence: Stock market news today
    Stock futures rose on Friday morning, extending a week of gains.  ( 39 min )
    FarFetch Stock Is Rallying. Why Two Analysts Aren’t Ready to Chase it Higher.
    The fashion retailer's sales of $556.4 million exceeded expectations of $513.2 million and grew 8.1% from a year earlier.  ( 22 min )
    Nio, A Big Supporter Of Battery Swapping, Buys Stake In Nuclear Fusion Startup
    Chinese EV maker NIO Inc (NYSE: NIO) has invested in a startup firm developing fusion technologies. It endorses battery swapping as a quicker solution for powering up EVs and an energy storage facility to improve grid stability. In two decades, the newly established company, Neo Fusion, will research and develop technologies to commercialize controlled fusion globally, Reuters cites familiar sources. Neo Fusion is 50% controlled by China's eastern province of Anhui government-owned energy compan  ( 39 min )
    2 “Strong Buy” Dividend Stocks Under $10 With at Least 15% Dividend Yield
    Every investor seeks to reap the rewards of their stocks; otherwise, they wouldn’t be involved in the markets. However, discovering the ideal investment, one that will yield profits, can prove to be a challenge, particularly in today’s market environment. To ensure solid returns, investors can follow two straightforward strategies. The first is to buy low and sell high. That is, find a cheap stock with sound fundamentals and good prospects for growth – and buy in to take advantage of the growth  ( 42 min )
    Protect Your Assets From Nursing Homes With This
    A Medicaid asset protection trust (MAPT) can be useful for estate planning if you believe you or your spouse will need long-term care at some point. Transferring assets to this type of trust can allow you to qualify for Medicaid … Continue reading → The post How a Medicaid Trust Protects Your Assets appeared first on SmartAsset Blog.  ( 41 min )
    Treasury Bills vs. Bonds: Which Will Get Me More Cash?
    Fixed-income securities play an important role within individual investment portfolios and the economy at large. But like other securities, fixed-income instruments come in a myriad of variations, from short-term Treasury bills that only pay interest when the bill matures, to … Continue reading → The post Treasury Bills vs. Bonds: What's the Difference? appeared first on SmartAsset Blog.  ( 40 min )
    Can I Retire Off the Interest of $2 Million?
    For older Americans, living off the interest and returns of your retirement account is how retirement is structured. The goal is that by the time you hit your late 60s you will ideally have enough saved up to coast indefinitely. … Continue reading → The post How Much Interest Does $2 Million Pay Monthly? appeared first on SmartAsset Blog.  ( 43 min )
    Fed's Williams says world of low interest rates still prevails
    Federal Reserve Bank of New York President John Williams said Friday the U.S. and other major economies are still in a fundamentally low-interest-rate world despite the impact of the coronavirus pandemic and the inflation surge arising from it. Speaking to a conference at the Federal Reserve in Washington, Williams’ remarks took on the technical concept of the natural rate of interest, which is the interest rate that neither slows nor stimulates the economy. Before the pandemic struck, this measure, referred to as R-Star, had been historically low, allowing the central bank to keep its interest rate target at fairly low levels.  ( 38 min )
    Warren Buffett Keeps Buying Occidental Petroleum Stock As OXY Stake Nears 25%
    No content preview
    Dow Jones Futures Rise Ahead Of Powell Speech; Warren Buffett Boosts Stake In Occidental
    No content preview
    Warren Buffett Is Making A Mint On 7 Stocks That Pay No Dividends
    No content preview
    Foot Locker Stock Sinks. Here’s Why It Slashed Its Outlook.
    Foot Locker also posts fiscal first-quarter earnings and sales that missed analysts' expectations.  ( 22 min )
    GE shuffles its CFO as it prepares to split into 3 public companies
    Carolina Dybeck Happe will step down as finance chief, and Rahul Ghai will become the CFO, effective Sept. 1.  ( 40 min )
    These Stocks Are Moving the Most Today: Deere, Foot Locker, Applied Materials, Farfetch, Alibaba, Palantir, and More
    Deere's fiscal second-quarter earnings and sales beat Wall Street estimates, while Foot Locker slashes its fiscal-year outlook, sending the stock sharply lower.  ( 23 min )
    Daily – Vickers Top Buyers & Sellers for 05/19/2023
    No content preview
    Daily – Vickers Top Insider Picks for 05/19/2023
    No content preview
    Analyst Report: Vontier Corp
    No content preview
    Analyst Report: Wendy`s Co
    No content preview
    Analyst Report: Alibaba Group Holding Ltd
    No content preview
    Analyst Report: Firstenergy Corp.
    No content preview
    Technical Assessment: Bearish in the Intermediate-Term
    No content preview
    Market Digest: FE, WEN, BABA, VNT
    No content preview
    Deere Smashes Earnings Estimates (Again). The Stock Is Rising.
    Friday morning, Deere reported earnings per share of $9.65 from about $16 billion in equipment sales. Wall Street was looking for earnings per share of $8.58 on equipment sales of $14.9 billion, according to FactSet.  ( 22 min )
    Deere Earnings Easily Beat Views On Strong Farm-Equipment Demand
    No content preview
    ‘You can’t tell me this doesn’t work’: Shark Tank’s Kevin O’Leary has ripped apart Elon Musk’s claim that working from home is ‘immoral’
    The entrepreneur is fine that some staff at his companies will "never" return to the office—in fact he wants to see more of it.  ( 39 min )
    These Stocks Are Moving the Most Today: Deere, Applied Materials, Farfetch, Alibaba, Palantir, Nvidia, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 23 min )
    Fed's Powell in the spotlight as pressure grows to 'fish or cut bait' on rates
    Wall Street, small businesses and potential homebuyers may all breath a sigh of relief if the Federal Reserve chooses not to raise interest rates at its policy meeting next month, as many traders and analysts expect. But U.S. central bank officials are not only still on the fence about a pause in their 14-month tightening cycle, they are only starting to hash out whether to frame that decision as an extended halt to the aggressive run of rate hikes or a mere "skip" to give the economy some breathing room, with more borrowing cost increases coming soon if inflation does not decline. Between the possibility the Fed may deliver a rate hike at its June 13-14 meeting and the uncertainty around how policymakers might describe a decision not to, there's no guarantee of clarity soon from a central bank whose officials are beginning to diverge over what should happen next.  ( 39 min )
    Bank of America says markets 'underestimate' the Fed's next move
    Markets are looking for an abrupt reversal in the Fed's rate hikes later this year. Strategists at Bank of America think no matter what happens, investors will find themselves flat-footed.  ( 40 min )
    Fed says it's unlikely to cut interest rates in 2023, even in recession. Markets don't buy it
    The Fed says it won't cut interest rates this year even if there's a recession because it wants to stamp out inflation. Markets aren't buying it.  ( 42 min )
    The US Treasury's pile of cash is dwindling
    While President Joe Biden, House Speaker Kevin McCarthy, and other politicians in Washington strive to reach a deal to raise the US federal government’s $31.4 trillion debt ceiling, the US Treasury’s cash balance fell to $87 billion on Monday (May 15), the lowest it’s been since April 12.  ( 38 min )
    BofA Strategist Says Sell US Stocks as AI Seen Forming a Bubble
    (Bloomberg) -- Bank of America Corp. strategist Michael Hartnett reiterated his call to sell US stocks, saying tech and artificial intelligence are forming a bubble and the Federal Reserve’s rate hikes may not be over, with rising bond yields posing a risk.Most Read from BloombergDisney Drops Plan to Move Workers to Florida, Closes HotelWall Street Fears $1 Trillion Aftershock From Debt DealSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsNYC Skyscrapers Sit Vacant, Expos  ( 39 min )
    Chinese Tech Giants’ Results Reflect Lackluster Economic Recovery
    Alibaba’s shares fell after revenue missed forecasts; Tencent and Baidu saw more marked upturn.  ( 27 min )
    10 Picks to Play a Resurgent Energy Sector, From Our Roundtable Experts
    Our energy roundtable predicts higher crude prices as global demand grows faster than supply. What’s ahead for U.S. shale, the majors, and the energy transition.  ( 23 min )
    Analysis-US debt ceiling deal could stall safety flight fueling megacap rally
    A potential deal to lift the U.S. debt ceiling could spur money managers to pare holdings in the massive technology and growth stocks that have been havens this year and shift into the rest of the market, some investors believe. Strong balance sheets and predictable cash flows have made megacap stocks such as Google parent Alphabet, Microsoft Corp and Amazon.com attractive places to hide over the last few months as investors worried about everything from the debt ceiling to a U.S. banking mess. Should a deal on the debt ceiling be reached, "the pattern that we've seen over the last few months will reverse," said Michael O'Rourke, chief market strategist at Jones Trading, who is more bullish on equal-weighted S&P 500 exchange-traded funds than the market-cap weighted index.  ( 40 min )
    The stock market has flipped from 'sell the rip' to 'buy the dip,' and that should help push the S&P 500 above a key resistance level
    No content preview
    Carl Icahn lost $9 billion on an ill-timed short trade. Here's what he says are 3 big lessons from the soured bet.
    No content preview
    Gold inches higher, but set for worst week in 3-1/2 months
    Gold prices were on course for their biggest weekly drop in 3-1/2 months on Friday as hopes for a resolution in the U.S. debt ceiling negotiations and fading expectations of a rate cut by year-end took some shine off bullion. Spot gold was flat at $1,958.29 per ounce by 0231 GMT, and was set for a 2.6% weekly drop - its biggest since early February. Markets see a positive end to the debt ceiling talks as recent commentary has been about the progress being made, and given yields and the dollar are all going up at the same time, gold is pulling back, Ilya Spivak, head of global macro at Tastylive said.  ( 39 min )
    These are the top 10 holdings of Berkshire Hathaway's $325 billion stock portfolio
    The top 10 positions held in Berkshire Hathaway's portfolio make up a massive 90.2% of its $325 billion US stock portfolio.  ( 40 min )
  • Open

    Fiduciary Designations for Financial Advisors
    The Center for Fiduciary Studies offers the designations of AIF and AIFA, learn how they can help you and your clients enjoy a comfortable retirement.  ( 21 min )
    Dow Jones Today: Debt Deal Pause Drives Down Index
    Tech stocks Cisco Systems, Intel and IBM moved higher, but Nike dragged the Dow lower on shoe sale worries.  ( 16 min )
    Top CD Rates Today, May 19
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Catalent Shares Climb After Positive Comments About the Firm's Business
    Catalent shares jumped after the contract drug maker said customer supplies are strong and it's getting "significant" new business.  ( 16 min )
    Markets Fall as Debt Ceiling Talks Pause
    U.S. equities declined on Friday, May 19, 2023 as GOP negotiators called for a pause in talks to raise the federal debt ceiling.  ( 16 min )
    Foot Locker's Profit and Sales Miss Estimates, and the Retailer Cuts its Outlook
    Foot Locker reported first quarter earnings and revenue that came short of analyst estimates and lowered its guidance.  ( 16 min )
    Long Position vs. Short Position: Key Differences
    Long positions in a stock portfolio refer to stocks that have been bought and are owned, whereas short positions are those that are owed, but not owned.  ( 25 min )
    How Much Money Do I Need to Put Down on a Mortgage?
    A down payment is your first upfront expense when buying a home.  ( 25 min )
    Short Covering: Definition, Meaning, How It Works, and Examples
    Short covering is a strategy where somebody who has sold an asset short buys it back to close the position.  ( 26 min )
    The 60-40 Portfolio Makes a Comeback
    The traditional "60/40" investment strategy is making a comeback, with the portfolio of 60% stocks and 40% bonds seeing a 28% jump so far this year, the best return since 1995.  ( 16 min )
    5 Things You Need to Be Pre-Approved for a Mortgage
    Mortgage pre-approval is an examination of a home buyer's finances and lenders require five items to ensure borrowers will repay their loan.  ( 27 min )
    10 Best Tools for Financial Advisors
    Financial advisors can stay abreast of financial trends and serve clients with these 10 state-of-the-art technological tools.  ( 23 min )
    Regulation Best Interest (BI): Definition, Broker Obligations
    Regulation Best Interest (BI) is an SEC rule that requires broker-dealers to recommend only products that are in their customers' best interests.  ( 24 min )
    Today's Mortgage Rates & Trends - May 19, 2023: Rates Climb
    Mortgage rates were up almost across all terms again, with 30-year rates rising to their highest level in more than two months, and 30-year mortgage refinance rates seeing a surge.  ( 19 min )
    Fed Officials Split On Whether To Raise Interest Rates Even Higher
    Officials at the Federal Reserve are divided on whether to pause the central bank’s aggressive campaign of interest rate hikes, speeches this week showed.  ( 18 min )
    Santander Bank CD Rates: May 2023
    With rising interest rate,s a CD can be a good place to stash funds. Compare CD rates and terms from Santander Bank and find the best CD account for your savings goals.  ( 18 min )
    Third Federal CD Rates: May 2023
    A certificate of deposit is a good way to save money, especially when interest rates are high or rising. Learn about Third Federal Savings & Loan’s CD rates, term lengths, and more.  ( 18 min )
    Debit Card Definition, Fees, and How They Work
    A debit card lets you pay for purchases by deducting money from your checking account. Learn how debit cards work, about their fees, and pros and cons.  ( 28 min )
    Cash Saved During Pandemic is Letting Shoppers Keep Spending
    The pandemic gave a big boost to Americans’ bank accounts, and a lot of that money still hasn’t been spent despite the cost of living soaring in recent years.  ( 16 min )
    Covered Interest Rate Parity: Definition, Calculation, and Example
    Covered interest rate parity refers to a theoretical condition in which the relationship between interest rates and the spot and forward currency values of two countries are in equilibrium.  ( 19 min )
    Nominal Value: What It Means, Formulas for Calculating It
    Nominal value of a security, often referred to as face or par value, is its redemption price and is normally stated on the front of that security.  ( 22 min )
    Investing in Commodity ETFs
    Commodity ETFs enable investors to gain exposure to individual commodities or baskets of commodities in a relatively low-risk and cost-effective way.  ( 24 min )
    What Is an Inflationary Gap?
    An inflationary gap measures the difference between the gross domestic product (GDP) and the potential GDP of an economy at full employment.  ( 22 min )
    Sam Zell: Legendary Real-Estate Investor
    One of the world's richest people, Sam Zell made his fortune by investing in undervalued real estate and packaging properties in REITs.  ( 22 min )
    5 Things to Know Before Markets Open
    President Biden said he was confident that negotiators would reach a deal on the debt ceiling and Fed Chair Jerome Powell is set to speak on monetary policy. Here’s what investors need to know today.  ( 18 min )
    Top Hotel Stocks for Q2 2023
    MGM Resorts International, Marriott International, and H World Group are the top hotel stocks for best value, fastest growth, and most momentum, respectively.  ( 24 min )
    Working as a Financial Planner
    Learn about the general job duties and average salary of a financial planner, as well as the education, training, and skills necessary for success.  ( 21 min )
  • Open

    Voor het eerst Nederlander op Amerikaanse sanctielijst om Russische kernwapens
    Voor het eerst is een Nederlander op de Amerikaanse sanctielijst voor Rusland gezet, meldt Follow the Money. Het gaat om Edwin Onno van Ingen. Volgens Washington werkt hij via zijn bedrijf Ronin Management B.V. samen met Russische laboratoria die gericht zijn op het ontwikkelen van kernwapens.  ( 4 min )
    Seksueel grensoverschrijdend gedrag kost Tesco-voorzitter de kop
    Voorzitter John Allan van de Britse supermarktketen Tesco stapt op na beschuldigingen van seksueel grensoverschrijdend gedrag. Hij treedt volgende maand af tijdens de jaarlijkse aandeelhoudersvergadering.  ( 2 min )
    Recordaantallen toeristen brengen geld in het laatje van Zuid-Europese landen
    Populaire Europese vakantielanden als Griekenland, Italië, Spanje en Portugal zien een enorme toestroom van toeristen dit jaar. Griekenland en Portugal breken zelfs records. Dat is gunstig voor de Zuid-Europese economieën, die sterk afhankelijk zijn van het toerisme.  ( 4 min )
    Volkswagen vertrekt uit Rusland na verkoop autofabriek
    Het Duitse autobedrijf Volkswagen heeft zijn fabriek in Rusland verkocht aan een lokale investeerder. Volkswagen had eerder al de productie in het land en de export naar Rusland stopgezet vanwege de oorlog in Oekraïne.  ( 3 min )
    Recordaantallen toeristen brengen geld in het laatje van mediterraanse landen
    Populaire Europese vakantielanden als Griekenland, Italië, Spanje en Portugal zien een enorme toestroom van toeristen dit jaar. Griekenland en Portugal breken zelfs records. Dat is gunstig voor de Zuid-Europese economieën, die sterk afhankelijk zijn van het toerisme.  ( 4 min )
    ECB haalt alles uit de kast om inflatie eurozone terug te brengen tot 2 procent
    De Europese Centrale Bank (ECB) gaat er alles aan doen om de inflatie in de eurozone terug te brengen tot 2 procent. Dat heeft ECB-president Christine Lagarde vrijdag gezegd.  ( 3 min )
    Gasprijs blijft maar dalen en duikt zelfs onder de 30 euro
    De gasprijs zakt verder en verder. Die daling kan gunstig uitpakken voor onze energierekening.  ( 3 min )
    Binnenvaart moet schoner gaan werken bij het ontgassen van de laadruimte
    Binnenvaartschepen mogen vanaf volgend jaar niet meer varend ontgassen in zes verschillende landen, waaronder Nederland. De giftige dampen die bij ontgassen vrijkomen zijn schadelijk voor mens en milieu. Het verbod komt er na aandringen van de binnenvaart, provincies en de Tweede Kamer.  ( 4 min )
    Disney trekt bouwplannen in na pesterijen door gouverneur Florida
    Walt Disney gaat toch niet voor honderden miljoenen investeren in Florida. Het bedrijf wilde een campus bouwen voor tweeduizend werknemers, die naar de Amerikaanse staat zouden verhuizen. Maar een conflict met gouverneur Ron DeSantis gooit roet in het eten.  ( 4 min )
    Vijf miljoen mensen hebben goedkoper Netflix-abonnement met reclame
    Vijf miljoen abonnees van Netflix maken gebruik van het abonnement mét reclame. Met dat goedkopere abonnement wil de streamingdienst voorkomen dat het aantal abonnees daalt.  ( 3 min )
    Russische diamanten na lang twijfelen toch geweerd door Europa
    Europa gaat het invoeren van Russische diamanten beperken. Rusland kan met de diamanten de oorlog in Oekraïne financieren. Eerdere pogingen om de diamanten te weren, stuitten op weerstand van België. Nu gaat de EU toch stappen nemen, zegt Charles Michel, voorzitter van de Europese Raad.  ( 4 min )
    Disneys bouwplannen vallen in het water door conflict met gouverneur Florida
    Walt Disney gaat toch niet voor honderden miljoenen investeren in Florida. Het bedrijf wilde een campus bouwen voor tweeduizend werknemers, die naar de Amerikaanse staat zouden verhuizen. Maar een conflict met gouverneur Ron DeSantis gooit roet in het eten.  ( 4 min )
    OpenAI brengt AI-chatbot ChatGPT uit als app voor iPhone
    De op kunstmatige intelligentie gebaseerde chatbot ChatGPT is in de Verenigde Staten uitgebracht als app voor de iPhone. Later volgt een versie voor Android-toestellen en wordt de app in andere landen uitgebracht.  ( 3 min )
    De dag na Hemelvaart verplicht vrij? Dit zijn je rechten
    Hemelvaartsdag valt traditiegetrouw op een donderdag. Vaak moeten werknemers de dag na Hemelvaart verplicht vrij nemen, omdat het bedrijf die dag de deuren gesloten houdt. Veel mensen zijn blij met zo'n lang weekend, maar wat als je juist wel naar kantoor wilt?  ( 4 min )
  • Open

    The 60-40 Portfolio Makes a Comeback
    The traditional "60/40" investment strategy is making a comeback, with the portfolio of 60% stocks and 40% bonds seeing a 28% jump so far this year, the best return since 1995.  ( 1 min )
    5 Things to Know Before Markets Open
    President Biden said he was confident that negotiators would reach a deal on the debt ceiling and Fed Chair Jerome Powell is set to speak on monetary policy. Here’s what investors need to know today.  ( 1 min )

  • Open

    Berkshire Buys More Occidental Stock, Upping Stake to Nearly 25%
    Berkshire Hathaway bought about $200 million of Occidental stock in recent days, bringing its stake to $12.7 billion  ( 22 min )
    Oracle Stock Nears 2021 Highs; Big Tech Firm Teams Up With Nvidia On AI
    No content preview
    AT&T Is Spending Billions to Wire U.S. for Fast Internet as Rivals Take Different Path
    The telecommunications company is broadening its network of fiber-optic cables amid a slowdown in mobile growth.  ( 26 min )
    Nvidia, AMD, Micron lead chip sector higher with AI, Japan in focus
    Shares in chip design software company Synopsys shares ended up 8.7% after it forecast better-than-expected third-quarter profit estimates, saying increased use of AI and automation boosted its business. Nvidia shares were up 5.0%, while the Philadelphia semiconductor index gained 3.2%. Micron's shares climbed 4.1% after announcing it would invest up to 500 billion yen ($3.70 billion) in extreme ultraviolet (EUV) technology in Japan in the next few years with Japanese government support.  ( 39 min )
    Stocks moving in after-hours: Ross Stores, Applied Materials
    These are the stocks moving in after-hours trade on May 18, 2023.  ( 40 min )
    Dow Jones Futures: S&P 500 Hits 2023 High As Nvidia, Netflix, Palantir Soar, But Don't Do This
    No content preview
    We must fight back against end of home working, says Microsoft executive
    Workers must "actively fight back" against efforts by companies to force them back to the office after the pandemic ushered in an era of home working, a Microsoft executive has said.  ( 39 min )
    ‘Load Up,’ Says Raymond James About These 3 ‘Strong Buy’ Stocks
    Vintage sci-fi series The Twilight Zone told unsettling stories in which ordinary folks found themselves in outré situations and encountering exceptional circumstances. For Larry Adam, chief investment officer at Raymond James, given the “rapidly changing twists and turns we’ve seen in the global economy and the financial markets over the last few years,” it sometimes feels as if we have stepped into a modern-day iteration of the Twilight Zone. However, for those spooked by what does seem like a  ( 43 min )
    Applied Materials Sees Sales Drop as Chipmakers Pull Back Spending
    (Bloomberg) -- Applied Materials Inc., the biggest maker of semiconductor-making machinery, expects sales to decline in the current quarter, though not as sharply as analysts had feared.Most Read from BloombergSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsWall Street Fears $1 Trillion Aftershock From Debt DealHere’s How Much Wealth You Need to Join the Richest 1% GloballySam Zell, Billionaire Real Estate Investor, Dies at 81Supreme Court Leaves Intact Social Media Liab  ( 39 min )
    Widowed husband sues driver, bars after DUI crash killed bride on wedding night
    The alleged drunk driver who police say slammed into newlyweds riding along a South Carolina beach road now faces a wrongful death lawsuit alongside several establishments accused of overserving her on the night of the crash, which killed the bride. Four bars gave “copious amounts of alcohol” to a “visibly intoxicated” woman, identified as Jamie Lee Komoroski, last month before she drove 40 miles over the speed limit into a golf cart carrying the couple away from their wedding reception, according to a new lawsuit filed May 17. The April 28 wreck killed Samantha Miller, 34, and injured the groom, Aric Hutchinson, and two other passengers.  ( 39 min )
    Applied Materials Beats Earnings and Revenue Estimates. The Stock Slips.
    Revenue came in at $6.63 billion for the quarter, above analysts’ expectations of $6.39 billion.  ( 22 min )
    Disney Ends Plans to Relocate Thousands of Employees to New Florida Campus
    The move comes as the entertainment company is cutting costs, reversing moves by its previous CEO and fighting with Florida.  ( 28 min )
    Teva to Slim Down Generic Drug Business in Turnaround Effort. The Stock Is Jumping.
    The new corporate strategy aims to deliver a “pivot to growth," the drugmaker said.  ( 23 min )
    Banks Vying for Deposits Outbid by High-Yielding Treasuries
    (Bloomberg) -- US banks have been locked in a grueling battle for deposits they once took for granted. And one of the toughest combatants in the fight is the federal government.Most Read from BloombergDisney Drops Plan to Move Workers to Florida, Closes HotelWall Street Fears $1 Trillion Aftershock From Debt DealSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsNYC Skyscrapers Sit Vacant, Exposing Risk City Never PredictedHere’s How Much Wealth You Need to Join the Richest  ( 39 min )
    Elizabeth Warren: 'Very troubled' by First Republic sale to JPMorgan
    Senator Elizabeth Warren confronted regulators about a deal that made the nation's largest bank even bigger.  ( 41 min )
    Pennsylvania Farmer Behind $5 Trillion Trend Speaks Out: I Created A Monster
    Add up the market valuation of Apple Inc., all the cryptos in the world and entrepreneur Jeff Bezos’s fortune, and you get to over $3 trillion. But one 80-year-old man has created something bigger than all three of these combined. These days, he shuns the spotlight and lives on a modest farm in rural Pennsylvania. You would never guess the farm’s owner set in motion a $5 trillion force that grows each fortnight. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This  ( 40 min )
    Big-name investors are going all-in on AI
    No content preview
    Palantir Stock Jumps After a Big Purchase by Cathie Wood’s Ark
    Shares of Palantir jumped 13% on Thursday, on pace to close at a fresh 52-week high. The move comes after innovation investor Cathie Wood's Ark Investment Management disclosed a large purchase of Palantir on Wednesday. The firm said it bought more than 900,000 shares of Palantir for its flagship  ( 25 min )
    Charlie Javice, the startup founder accused of defrauding JPMorgan, is indicted
    Charlie Javice, who has been accused of defrauding JPMorgan Chase & Co through her now-shuttered college financial aid company Frank, has been indicted over her relationship with the bank. A four-count indictment made public on Thursday in Manhattan federal court charges Javice with securities fraud, wire fraud, bank fraud and conspiracy.  ( 38 min )
    150,000 Laid-Off Tech Workers Fuel Massive Wave Of New Startups – And They're Actually Making More
    This year did not start off great for many tech workers. After tens of thousands of layoffs in 2022, tech companies continued to shed workers in round after round of layoffs. Technology companies from Microsoft Corp. to Meta Platforms Inc. announced thousands of layoffs at the beginning of the year. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families A report from placement services firm Challenger, Gray & Christmas  ( 41 min )
    Nvidia Stock Rises After Oppenheimer and Susquehanna Lift Price Targets
    Nvidia (ticker: NVDA) stock was rising following two price target lifts from analysts who are upbeat about the development of artificial intelligence tools and the subsequent  ( 25 min )
    What's Going On With Palantir Technologies Stock Thursday
    Palantir Technologies Inc (NYSE: PLTR) shares are shooting upwards Thursday after Cathie Wood's Ark Invest on Wednesday added 1.26 million shares to its kitty valued at $13 million. Thursday's session volume spiked to 84.4 million versus the 100-day average volume of 39.5 million. The data intelligence software firm posted upbeat quarterly numbers on May 8, reporting first-quarter sales of $525.19 million, up by 17.7% year-on-year, which beat the consensus estimate of $505.60 million. Palantir's  ( 38 min )
    Miller Lite Defends Marketing Chief Over Satirical Ad Criticized as ‘Woke’
    Conservative commentators target the brewer for a spot hitting past depictions of women in beer marketing.  ( 26 min )
    What Happens to Social Security Benefits if the U.S. Hits the Debt Limit?
    A disruption of benefits would strain the budgets of many of the 66 million Americans who get Social Security.  ( 28 min )
    Nasdaq Hits Highs As McCarthy Sees Path Ahead; Tech Leads The Charge
    No content preview
    Hyundai, Kia agree to $200 million settlement over US car thefts
    Hyundai Motor and Kia Corp agreed to a consumer class-action lawsuit settlement worth $200 million over rampant car thefts of the Korean automakers' vehicles, lawyers for the owners and the automakers said on Thursday. In February, the Korean automakers said they would offer software upgrades to 8.3 million U.S. vehicles without anti-theft immobilizers to help curb increasing car thefts using a method popularized on TikTok and other social media channels. The settlement covers about 9 million U.S. owners and includes up to $145 million for out-of-pocket losses for consumers who had cars stolen, lawyers for the owners said.  ( 39 min )
    You May Be Eligible to Save Over $10K in Your HSA After Largest-Ever Contribution Limit Increase
    People with health savings accounts (HSAs) got some good news this week when the IRS rolled out the largest contribution limit increases in history. In 2024, an individual with self-only coverage can save up to $4,150 in an HSA, while a … Continue reading → The post You May Be Eligible to Save Over $10K in Your HSA After Largest-Ever Contribution Limit Increase appeared first on SmartAsset Blog.  ( 40 min )
    Carl Icahn admits he got bearish bet that cost $9bn wrong
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Argenx Believes It Might Have 'One Of The Biggest Biologics' Ever — And Shares Are Soaring
    No content preview
    Wall Street Fears $1 Trillion Aftershock From Debt Deal
    (Bloomberg) -- Looming behind market fears over the prospect of a historic US default is the less-discussed risk of what would follow a deal to resolve the debt-ceiling impasse.Most Read from BloombergSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsHere’s How Much Wealth You Need to Join the Richest 1% GloballyWall Street Fears $1 Trillion Aftershock From Debt DealMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsSam Zell, Billionaire Real Estate Investor, Die  ( 41 min )
    Electric Vehicles Are Draining Billions From Profitable ICE Legacy Automakers With Ford Projecting $3 Billion in Losses
    There's nothing cheap about developing, manufacturing, delivering and investing in the future of electric vehicles (EVs). Ford Motor Co. is finding this out the hard way — just the same as many other automakers — with the company's EV unit projected to lose about $3 billion in 2023. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Is It A Big Deal? A lot can be said for Ford's honesty with the public, its investo  ( 40 min )
    Sam Zell, business tycoon who drove the L.A. Times into bankruptcy, dies
    Known as 'the Grave Dancer,' Zell was an unlikely media baron when he purchased the Tribune Co.  ( 45 min )
    Feeding the Need for Speed: AT&T's Grand $42.5B Plan to Expand Fiber-Optic Reach
    AT&T Inc (NYSE: T) is expanding its fiber-optic cable network to deliver fast internet speeds for customers, including those without broadband presence. AT&T has tapped BlackRock, Inc (NYSE: BLK) and eyes government funding to accelerate the build-out to fund the extravagant expansion worth $42.5 billion as its debt load outstrips its annual revenue, the Wall Street Journal reports. AT&T and BlackRock have collectively invested $1.5 billion in the Gigapower venture so far. AT&T will serve as the  ( 39 min )
    Sam Zell, billionaire real estate investor, dies at 81
    Billionaire real estate investor Sam Zell has died at the age of 81, his real estate investment trust Equity Residential said in a statement on Thursday.  ( 38 min )
    Not enough resources for EVs to be only cleaner car option, Toyota says
    A lack of resources means battery electric vehicles (BEV) cannot be the auto sector's only answer to climate change, Toyota Motor Corp's top scientist said Thursday, warning that focusing on BEVs could lead some drivers to hold onto polluting vehicles. Some investors and environmental groups have long criticised Toyota for being slow to embrace BEVs, saying it has lagged Tesla Inc and others amid growing global demand. The world's top automaker by sales has countered that BEVs are just one option and that gasoline-electric hybrids, such as its pioneering Prius, are a more realistic choice for some markets and drivers.  ( 39 min )
    Dow Jones Lags Big Tech After Walmart, Cisco Reports; Progressives To Biden: End Debt-Ceiling Talks, Invoke 14th Amendment
    No content preview
    Analyst Downgrades 4 REITs In One Morning: Is Your Stock One Of Them?
    Nobody likes to begin Monday morning hearing bad news, but that’s what happened this week to investors when Wolfe Research analyst Andrew Rosivach downgraded four real estate investment trusts (REITs) to kick off the new market week. Analysts carry a lot of weight, and when one or more downgrades a stock, it can cause shares to drop by several percentage points in just a few days. For example, on March 23, Barclays Investment Bank analyst Anthony Powell downgraded SL Green Realty Corp. (NYSE: SL  ( 41 min )
    This CEO Just Bought Over $9 Million In Company Stock
    It’s often said that a company’s prospects can be predicted by stock purchases made by company insiders. Insiders may sell stock for any number of reasons, but purchases are only made because the insider expects to make a profit on shares down the road. Studies have shown that when the company insider is high up in the organization, such as the CEO or chief financial officer, a purchase of company stock is even more significant for future price performance than when a purchase is made by a direc  ( 40 min )
    Alibaba Shares Are a Bet on Spinoffs, Not Growth
    Renewed hopes that big spinoffs will soon unlock substantial value for shareholders will probably provide a lift to the company’s stock in the near term.  ( 25 min )
    Stocks mixed amid debt debate, Walmart earnings: Stock market news today
    Stock futures rose on Thursday as America's largest retailer surprised to the upside with its quarterly earnings report.  ( 39 min )
    Nvidia Stock Has Soared This Year. The Case for It to Rise Higher.
    The chip maker is at the center of the AI feeding frenzy, which is making Wall Street bullish ahead of its earnings.  ( 22 min )
    Move over Apple, Step launches 5% savings account
    Step, the digital banking service geared toward teens and young adults, is now offering a 5% rate on its savings accounts. There are no monthly fees and no minimum balance requirements on the Step accounts, and customers who open an FDIC-insured savings account with up to $250,000. “The direct deposit is to encourage people to utilize the full suite of Step products,” CJ MacDonald, co-founder and CEO of Step, told TechCrunch.  ( 38 min )
    Persistently high inflation is causing a split among Federal Reserve officials over next steps
    The stubbornness of high inflation is dividing the Federal Reserve over how to manage interest rates in the coming months, leaving the outlook for the Fed's policies cloudier than at any time since it unleashed a streak of 10 straight rate hikes beginning in March 2022. Many Fed watchers have expected the central bank's officials to forgo another increase in their benchmark rate when they next meet in mid-June. On Thursday, Lorie Logan, president of the Federal Reserve Bank of Dallas, said she believes that the economic data so far doesn't support a pause in the central bank's rate hikes next month.  ( 40 min )
    Netflix says ad tier has 5 million monthly active users: 'The signals are promising'
    Netflix's ad-supported tier is beginning to show some signs of life.  ( 40 min )
    Alibaba Breakup Begins With Spinoff of $12 Billion Cloud Arm
    (Bloomberg) -- Alibaba Group Holding Ltd. will begin exploring initial public offerings for its logistics and grocery arms, kicking off a long-awaited breakup that may help reverse anemic growth at China’s cloud and online commerce leader.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballySingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe $120 Million Ghost Ship Antigua Is D  ( 41 min )
    ‘Big Short’ Michael Burry Snaps Up These 2 Stocks — Here’s Why They May Be Worth Buying
    Some people are destined to always be known for one significant act, and whenever the name Michael Burry comes up, it’s obligatory to mention the Big Short, the book, and subsequent movie that detailed Burry’s exploits during the 2008 financial crisis. Betting against the housing market, Burry foresaw its collapse and pocketed huge profits. With the global economy once again appearing fragile, in recent times, Burry, who runs hedge fund Scion Asset Management, has periodically waded with forecas  ( 42 min )
    EyePoint Pharma Offloads Its Commercially-Available Eye Implant For $82.5M Plus Royalties
    EyePoint Pharmaceuticals Inc (NASDAQ: EYPT) has agreed to sell Yutiq (fluocinolone acetonide intravitreal implant) 0.18mg to Alimera Sciences Inc (NASDAQ: ALIM). Yutiq is a treatment for chronic non-infectious uveitis affecting the posterior segment of the eye. The FDA approved the treatment in October 2018. What Happened: Alimera will receive global rights to Yutiq outside of China, Hong Kong, Taiwan, Macau, and Southeast Asia, where Yutiq is exclusively licensed to Ocumension Therapeutics, and  ( 39 min )
    How to Retire Comfortably With $1.5 Million at 45
    It is possible to retire comfortably at 45 if you have $1.5 million. However, it's not guaranteed to work. And whether it will for you depends on a number of variables, only some of which you can control. Having to … Continue reading → The post Can I Retire Comfortably With $1.5 Million at 45? appeared first on SmartAsset Blog.  ( 40 min )
    High-earning millennials say making over $100k doesn’t always add up to a lot: ‘Are we getting by? Yes. But we’re not getting ahead.’
    "I recognize that I’m extremely privileged, but I still feel mounting pressure when it comes to our finances," says Kelly, 29.  ( 47 min )
    Dow Jones Futures Fall After Jobless Claims; Walmart Rallies On Earnings
    No content preview
    Schwab Raises $2.5 Billion in Bonds to Shore Up Finances
    Shares of the financial broker have dropped 35% over the past three months.  ( 22 min )
    EUR/USD Price Forecast – Euro Continues to Drift Lower
    The euro continues to drift lower on Thursday, as the US dollar is getting a bit of a reprieve. Whether or not this is a simple pullback or a change of direction remains to be seen.  ( 39 min )
    A Fed Pause Could Be an ‘Almost Generational’ Opportunity for Bond Investors
    Bond pros say fixed income is poised to outperform equities this year.  ( 22 min )
    GE finance chief Dybeck Happe to step down
    Rahul Ghai will become the CFO of GE, effective Sept. 1, while retaining his role as the finance chief of GE Aerospace, the company said in a statement. A former A.P. Moller-Maersk executive, Dybeck Happe took over as GE's CFO in early 2020.  ( 38 min )
    Walmart raises full year outlook as first quarter sales top expectations
    Walmart reported sales that beat expectations and raised its full year forecast in its quarterly report Thursday morning.  ( 40 min )
    Alibaba Stock Rises On Earnings, Spinoff News. But Is BABA Stock A Buy Now?
    No content preview
    Alibaba Outlines Units’ IPO Plans as It Splits Into Six Groups
    Chinese e-commerce giant Alibaba said it will soon start carving out its units via IPOs, pushing forward with a plan to unlock the value of its businesses. Alibaba in March said it plans to [split itself into six independently run companies](https://www.wsj.com/articles/alibaba-to-split-into-six-se  ( 20 min )
    Walmart Lifts Guidance, Bucking Weaker Retail Trends. The Stock Is Rising.
    The retail giant reports adjusted fiscal first-quarter earnings of $1.47 a share on revenue of $152.3 billion.  ( 22 min )
    Chip Giant Embraces AI And Its Inner 'Zen' To Ignite New Buy Zone
    No content preview
    Walmart Lifts Full-Year Outlook as Quarterly Sales Surge
    Sales from stores and digital channels operating for at least 12 months grew 7.4% in the quarter ended April 28.  ( 25 min )
    UPDATE 2-Alibaba misses revenue estimates, approves cloud unit spinoff
    China's Alibaba Group Holding Ltd said on Thursday that fourth-quarter revenue climbed 2%, missing expectations. Chinese consumer spending has gained some momentum since the country abandoned draconian zero-COVID policies late last year, but still remains relatively muted amid a wobbly economic recovery. Earlier this year, Alibaba announced plans to restructure into six units, a move that follows a two-year regulatory crackdown on China's tech sector.  ( 38 min )
    Alibaba misses revenue estimates, approves cloud unit spinoff
    China's Alibaba Group Holding Ltd said on Thursday that fourth-quarter revenue climbed 2%, missing expectations. The 208.20 billion yuan ($30.12 billion) logged for the three months ended in March compares with a Refinitiv consensus estimate of 210.3 billion yuan drawn from 26 analysts. Chinese consumer spending has gained some momentum since the country abandoned draconian zero-COVID policies last year, but even so remains relatively muted amid a wobbly economic recovery.  ( 38 min )
    Advisor: 'I Muffled My Screams Of Horror' After Client Asked This
    No content preview
    Stocks to Watch Thursday: PacWest, Micron, Cisco, Walmart
    ↗️ PacWest (PACW) and Western Alliance (WAL): The regional banks jumped almost 7% and 5% respectively in early trading. That built on big rallies Wednesd  ( 18 min )
    Charles Schwab to raise $2.5 billion through debt offering
    Brokerage firm Charles Schwab Corp said on Thursday it was looking to raise up to $2.5 billion through a debt offering. The company will raise $1.2 billion through notes due 2029 and the rest via notes due 2034, it said. BofA Securities, Citigroup, Credit Suisse, Goldman Sachs & Co LLC, J.P. Morgan and Wells Fargo Securities are the joint book-running managers for the offering.  ( 38 min )
    Micron, Probed by China, to Get $1.5 Billion Funds From Japan for Next-Gen Chips
    (Bloomberg) -- Micron Technology Inc. is poised to land about ¥200 billion ($1.5 billion) in financial incentives from the Japanese government to help it make next-generation memory chips in the country, according to people familiar with the matter, the latest step in Tokyo’s effort to bolster domestic semiconductor production.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe $120 Million Ghost  ( 41 min )
    The tide is turning in favour of the bond market
    Slack water. The brief moment when the tide is neither ebbing nor flowing and there’s an eerie calm. That’s how the bond market feels at the moment. A change of direction is imminent but we’re not quite there yet. It feels like an opportunity.  ( 40 min )
    These Stocks Are Moving the Most Today: Walmart, Alibaba, Cisco, Take-Two, and More
    Walmart and Alibaba are scheduled to report quarterly earnings on Thursday, shares of Cisco tumble after orders fall at the networking giant, and Take-Two Interactive signals that a strong pipeline of videogame titles will drive growth.  ( 23 min )
    A Fed Pause Could Be an ‘Almost Generational’ Opportunity for Bond Investors
    Bond pros say fixed income is poised to outperform equities this year.  ( 22 min )
    Analysis-'Big money never buys cheap': Why investors are waiting on Japan
    As Japan's stock market roars to multi-decade highs, large investors with long memories say they are staying out, wary of sagging momentum and the prospect the central bank will unwind its massive monetary stimulus. Riding a wave of buybacks and strong corporate earnings, and pumped up by a weak yen, the broad Topix index scaled peaks not seen since 1990 this week and the benchmark Nikkei, up more than 3% in four days, is near similar heights. Yet for many, the lofty milestones are a reminder that Japan's stocks have gone sideways for years, making many foreign asset allocators reluctant to venture into the market.  ( 40 min )
    4 big analyst cuts: Nu slashed at Citi, Futu gets 2 downgrades
    Here is your Pro Recap of the biggest analyst cut you may have missed since yesterday: downgrades for Nu, Futu, Magellan Midstream, and Intercept Pharmaceuticals. Citi downgraded digital banking platform Nu (NYSE:NU) to Neutral from Buy and cut its price target to $6.10 from $7.00, as reported in real time on InvestingPro. Futu (NASDAQ:FUTU) shares fell around 2% pre-market today after the company received downgrades from JPMorgan and Morgan Stanley following the announcement that the company is removing its app from China’s onshore app stores.  ( 39 min )
    Why is the US dollar so strong again?
    U.S. inflation is cooling and the Federal Reserve may pause its interest rate hikes next month. One is that a range of worries - about the U.S. debt ceiling negotiations, the health of banks, and the global economy's outlook - are burnishing the dollar's safe-haven credentials. Meanwhile, there are some signs that the Fed may have to raise rates again, and that more technical factors to do with investor positioning are involved.  ( 40 min )
    Micron Outlines $3.6 Billion Investment in Chip Plant With Japan’s Backing
    The U.S. chip maker’s deal with Tokyo comes at a time of rising tension between Washington and Beijing over chip technology.  ( 25 min )
    Carl Icahn and Illumina Square Off Soon. The Stakes Are High.
    Icahn, who's also juggling an attack from a short seller and questions from prosecutors, is going after the CEO of the gene sequencing leader.  ( 23 min )
    'Clock has hit midnight': China loans pushing world’s poorest countries to brink of collapse
    A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China. An Associated Press analysis of a dozen countries most indebted to China — including Pakistan, Kenya, Zambia, Laos and Mongolia — found paying back that debt is consuming an ever-greater amount of the tax revenue needed to keep schools open, provide electricity and pay for food and fuel.  ( 56 min )
    Marketmind: Get ready for the debt ceiling rally
    European shares look poised to rally after a wave of optimism that a U.S. debt ceiling deal could be reached as soon as the weekend, which lifted stocks on Wall Street and in Asia. Investors keyed in on an agreement between President Joe Biden and top congressional Republican Kevin McCarthy to negotiate a deal directly, with Biden cutting short an Asia trip to return to talks on Sunday. The air may be getting thin in some stock markets, particularly Japan's. The Nikkei came within 130 points of its highest since 1990 - back in the days of the "bubble economy" - after smashing through 30,000 a day earlier for the first time in 20 months.  ( 39 min )
    Hedge fund billionaire Steve Cohen tells investors to ride the 'big wave' of artificial intelligence and stop focusing on recession odds
    No content preview
    Investors have pulled $8 billion from one specific part of the stock market in just 2 months on recessions worries and debt ceiling fears
    No content preview
    Dow Jones Makes Bullish Move On Debt-Ceiling Deal Hopes. Here's What To Do Now.
    No content preview
  • Open

    Markets Gain Amid Optimism About a Deal to Lift the Debt Ceiling
    U.S. equities rose for a second straight day on May 18, 2023 amid optimism a deal may come soon to raise the government's debt ceiling.  ( 1 min )
    5 Things to Know Before Markets Open
    President Biden arrives in Japan for the G7 meeting and Cisco shares fall after reporting a second quarterly decline in orders. Here’s what investors need to know today.  ( 1 min )
  • Open

    What Is the Balance of Payments?
    Learn about the balance of payments and how it helps countries to track how much money is coming in and going out.  ( 24 min )
    Inflation and Interest Rates Relationship Explained
    Inflation and interest rates are linked, but the relationship isn’t always straightforward.  ( 27 min )
    Financial Accounting Meaning, Principles, and Why It Matters
    Financial accounting is the process of recording, summarizing, and reporting the myriad of a company’s transactions to provide an accurate picture of its financial position.  ( 32 min )
    What Is an Amortization Schedule? How to Calculate with Formula
    Amortization is an accounting technique used to periodically lower the book value of a loan or intangible asset over a set period of time.  ( 32 min )
    What Is a B Corp? Advantages, Disadvantages, and Examples
    B Corp certification is given to companies that meet certain standards for social and environmental performance by the nonprofit organization B Lab.  ( 22 min )
    Top CD Rates Today, May 18
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    5 Alternative Investments.
    Your investment portfolio should be diversified. Discover legitimate non-stock-market investment vehicles that may help you prosper.  ( 21 min )
    How to Buy Alternative Investments
    If you are looking to invest outside of stocks and bonds, opening an alternative investing account is a critical first step. Learn what you need to open an alternative investing account and how to do it.  ( 24 min )
    Why Private Market Real Estate Should Be Your Next Investment in 2023
    To help you determine whether private real estate investments are right for you, we’ve highlighted some of the key benefits of these unique assets.  ( 16 min )
    How Real Estate Can Serve As A Hedge Against Inflation
    With inflation on the rise, it's important to have the right investment strategy. Here’s why you should consider adding real estate to your portfolio.  ( 16 min )
    Dow Jones Today: Intel Pushes Index Higher
    Tech stocks Intel, Cisco, Salesforce help lead Dow higher, while P&G dives on a rating cut.  ( 16 min )
    How Investing in Real Estate Can Help Build a Portfolio
    Investors are searching for ways to reduce the fluctuations in their portfolios and find ways to make their portfolios more resilient.  ( 16 min )
    The Top 3 Real Estate Investment Trends of 2023
    As homebuying continues to grow in popularity, opportunities for real estate investing are also increasing—and many rely on a few key trends.  ( 18 min )
    Markets Gain Amid Optimism About a Deal to Lift the Debt Ceiling
    U.S. equities rose for a second straight day on May 18, 2023 amid optimism a deal may come soon to raise the government's debt ceiling.  ( 16 min )
    Home Equity Loan Fees vs. Mortgage Loan Fees
    Home equity loans generally have higher interest rates but lower closing costs and fees than mortgages, so it pays to shop around.  ( 22 min )
    Falling Economic Index Suggests Recession Ahead
    The Conference Board's Leading Economic Index fell for the 13th consecutive month in April and pointed to a recession in 2023.  ( 16 min )
    Walmart Boosts Its Outlook as Profit and Sales Rise
    Walmart's quarterly results beat analysts' forecasts, and the big retailer raised its guidance.  ( 17 min )
    Can Bitcoin Kill Central Banks?
    Bitcoin is a peer-to-peer unofficial currency that operates without government or central bank oversight. Central banks are keeping a close eye on it.  ( 24 min )
    How to Find Scholarships
    Here’s everything you need to know about finding scholarships, including where to look, how to qualify, and when to begin your search.  ( 28 min )
    Are Fundrise's eREITs Right for You?
    Here are the top three things to keep in mind when considering investing in Fundrise's eREITs.  ( 22 min )
    As Broad Student Loan Relief Hangs in the Balance, Biden Has Already Forgiven $66 Billion
    While President Joe Biden’s controversial plan for broad student loan forgiveness has grabbed headlines, the administration has more quietly forgiven $66 billion for 2.2 million borrowers in specific situations.  ( 18 min )
    9 Tips for Growing a Successful Business
    Without a proper plan and organization, making money in a business can be much harder than you think. Check out these nine tips to grow your business.  ( 27 min )
    Naked Options Expose You to Risk
    Find out why these enticing options can spell trouble for your bottom line.  ( 23 min )
    Who Is Richard H. Anderson?
    Richard H. Anderson was CEO of Delta Air Lines during its merger with Northwest Airlines, and was most recently the CEO of Amtrak.  ( 22 min )
    Top Pharmaceutical Stocks for Q2 2023
    Aclaris Therapeutics, Collegium Pharmaceutical, and Intra-Cellular Therapies lead the industry in quarterly revenue growth  ( 21 min )
    Sales of Existing Homes Fell 3.4% in April
    Sales were down 23.2% from a year earlier.  ( 17 min )
    What Is a Secured Credit Card? How It Works
    A secured credit card is a type of credit card that is backed by a cash deposit, which serves as collateral should you default on payments.  ( 27 min )
    Take-Two Interactive Shares Soar on Upbeat Earnings, Demand Forecast
    Take-Two Interactive (TTWO) is the best-performing stock in the S&P 500 as the video game publisher reported better-than-expected sales, and said it expects demand to soar in coming years.  ( 16 min )
    Today's Mortgage Rates & Trends - May 18, 2023: Rates Mostly Flat
    Rates for most mortgage types were flat to minimally up, though the 30-year averages inched up just enough to return to 7% territory for the first time in a month.  ( 17 min )
    Amazon Cloud Unit to Invest $12.7 Billion in India by 2030
    Amazon.com Inc is expanding its operations in India, joining the list of tech companies betting big on one of the world's fastest-growing economies.  ( 17 min )
    Traveler's Check: What It Is, How It's Used, Where To Buy
    A traveler’s check is a once-popular—but now largely outmoded—exchange medium used in place of currency, often by people traveling abroad.  ( 23 min )
    Why Do So Many People Fall Behind on Their Taxes?
    Despite the threat of pursuit by possibly the most feared organization in the U.S., millions of Americans fail to pay their taxes on time.  ( 23 min )
    Top Challenges for Financial Advisors
    Managing expectations, communication, and industry-wide complexity are some of the top challenges financial advisors face today.  ( 23 min )
    Money Market Account vs. Savings Account
    Learn how money market and savings accounts differ, and why a depositor may choose a money market account over a savings account.  ( 22 min )
    Charles Schwab to Raise $2.5 Billion Via Bond Sales
    Charles Schwab will raise $2.5 billion via bond sales to fund corporate expenses and business growth as the brokerage giant deals with the fallout from recent banking turmoil.  ( 16 min )
    The Power of Compound Interest: Calculations and Examples
    Compound interest is the interest on savings calculated on both the initial principal and the accumulated interest from previous periods.  ( 28 min )
    Guide for First-Time Taxpayers
    Find out the major items and steps you need to know about, and plan for to complete your first tax return accurately and with confidence.  ( 22 min )
    Zoom Earnings Expected to Shrink as Return to Office, Competition Heat Up
    Video conferencing company Zoom is expected to say sales grew slower than ever before in the first quarter of the year, as the company struggles to find its footing after the work-from-home boom.  ( 17 min )
    New York Rent Reaches a Record High
    Median rent was $4,241 in April, up 1.6% from March and 8.1% from April last year. The number of new leases fell, as landlords are also offered fewer concessions.  ( 17 min )
    Retail Banking vs. Corporate Banking Explained
    Retail banking refers to the bank division that deals directly with consumers, while corporate banking serves business customers. Learn more about the differences.  ( 24 min )
    Ackman, Hedge Fund Peers Veer Toward Tech, Troubled Banks
    High-profile investors veered toward technology stocks and troubled banks in the first quarter while generally reducing exposure to energy and value-oriented stocks.  ( 18 min )
    5 Things to Know Before Markets Open
    President Biden arrives in Japan for the G7 meeting and Cisco shares fall after reporting a second quarterly decline in orders. Here’s what investors need to know today.  ( 17 min )
    Three Past Debt Limit Standoffs Ended Without a Default—This Time Could Be Different
    The government has narrowly averted disaster in three previous debt ceiling standoffs, but this time may be tougher.  ( 18 min )
    What Are the Main Types of Mortgage Lenders?
    Shopping for a mortgage lender can feel confusing and a little intimidating. Understanding the differences among the main types of lenders can help you narrow down the field.  ( 27 min )
    Conventional Mortgage or Loan
    A conventional mortgage is a homebuyer’s loan made through a private lender. Compared to Federal Housing Administration (FHA) loans, conventional loans tend to have higher interest rates.  ( 29 min )
    Flat Dollar
    A flat dollar is a fixed dollar amount charged for transactions, as opposed to an amount based upon a percentage of the transaction.  ( 18 min )
  • Open

    Walmart Boosts Its Outlook as Profit and Sales Rise
    Walmart's quarterly results beat analysts' forecasts, and the big retailer raised its guidance.  ( 1 min )
    American Airlines Recovery May Have Stalled in Q1
    American Airlines' post-pandemic recovery stalled in the first quarter, but better days may lie ahead as peak travel season looms.  ( 1 min )
    Charles Schwab to Raise $2.5 Billion Via Bond Sales
    Charles Schwab will raise $2.5 billion via bond sales to fund corporate expenses and business growth as the brokerage giant deals with the fallout from recent banking turmoil.  ( 1 min )
    Amazon Cloud Unit to Invest $12.7 Billion in India by 2030
    Amazon.com Inc is expanding its operations in India, joining the list of tech companies betting big on one of the world's fastest-growing economies.  ( 1 min )
    Take-Two Interactive Shares Soar on Upbeat Earnings, Demand Forecast
    Take-Two Interactive (TTWO) is the best-performing stock in the S&P 500 as the video game publisher reported better-than-expected sales, and said it expects demand to soar in coming years.  ( 1 min )
  • Open

    Shell wil meer winst maken met zijn groene energietak en onderdelen afstoten
    De delen van Shell die zich richten op hernieuwbare energie, moeten meer geld opleveren, volgens bestuurders van het olie- en gasconcern. De minder succesvolle onderdelen willen ze afstoten.  ( 3 min )
    De graandeal is weer verlengd: waarom is dat belangrijk?
    Rusland en Oekraïne zijn het donderdag op het nippertje eens geworden over het verlengen van de graandeal tussen beide landen. Het gaat om een verlenging van twee maanden. Wat is de graandeal ook alweer? En waarom is-ie zo belangrijk?  ( 4 min )
    NU+ | Apple houdt zich afzijdig in de nieuwe AI-race: mist het bedrijf de boot?
    Google, Microsoft en OpenAI buitelen over elkaar heen om te laten zien wat er mogelijk is met hun AI. Maar wat zijn de plannen van Apple op het gebied van kunstmatige intelligentie? Het bedrijf van Tim Cook lijkt zich nog niet echt in de wedstrijd te mengen.  ( 4 min )
    Deutsche Bank schikt voor 75 miljoen dollar met slachtoffers Jeffrey Epstein
    Deutsche Bank gaat 75 miljoen dollar (70 miljoen euro) betalen aan slachtoffers van Jeffrey Epstein. Een misbruikslachtoffer van de overleden Amerikaanse zakenman had de Duitse bank aangeklaagd. Die zou misbruikpraktijken mogelijk hebben gemaakt door Epstein financiële diensten te blijven leveren.  ( 3 min )
    DekaMarkt stopt met boodschappen bezorgen
    Slecht nieuws voor mensen die graag boodschappen bestellen bij DekaMarkt. De supermarktketen stopt per 2 juni met het thuisbezorgen.  ( 2 min )
    Kabinet wil CO2 uit de lucht halen via ons afval, maar er zijn wel hindernissen
    Als het aan het kabinet ligt, gaan we via de verbranding van ons restafval grootschalig CO2 uit de lucht halen. Maar de afvalbranche heeft haar twijfels of het lukt om al in 2030 miljoenen tonnen CO2 onder de zee op te slaan.  ( 8 min )

  • Open

    Financier Rajeev Misra Is All Over WeWork Deal
    The financier, who retains a role at SoftBank, recently agreed through his new fund to provide the office landlord nearly $500 million of high-interest debt, putting him on two sides of the same deal.  ( 25 min )
    The federal government's bank account just saw a sharp drop in cash as the default deadline looms
    No content preview
    Insiders Load Up on These 2 Dividend Stocks With Impressive Yields of 9% or More
    “Legendary investor Peter Lynch has a straightforward perspective on corporate insiders and their actions in the stock market. He put it simply: ‘Insiders might sell their shares for any number of reasons, but they buy them for only one reason—they think the price will rise.’ Indeed, one of the best stock signals comes from corporate insiders, the company officers who hold positions of high responsibility – to their Boards, and to their peers, and to their shareholders and customers – for bringi  ( 43 min )
    Microsoft CMO tells employees the stock price is the ‘most important lever’ to get a pay raise after cashing out on $4.4 million worth of stock this month
    Microsoft CMO told staff that their best way to increase salary is to make the stock go higher, after selling $4.4 million worth of stock this month.  ( 40 min )
    Charles Schwab to raise $2.5 billion in long-term debt - WSJ
    Charles Schwab said it intends to use the net proceeds for "general corporate purposes", and did not disclose the pricing for the offering in its filing with the U.S. Securities and Exchange Commission. BofA Securities, Citigroup, Credit Suisse, Goldman Sachs & Co. LLC, J.P. Morgan and Wells Fargo Securities are the joint book-running managers for the offering.  ( 38 min )
    Stocks moving in after-hours: Take-Two Interactive, Cisco
    These are the stocks moving in after-hours on Wednesday, May 17, 2023.  ( 39 min )
    Analysis-Elon Musk's embrace of advertising at Tesla grabs marketers' attention
    With Elon Musk outlining plans for Tesla Inc to use traditional advertising for the first time, viewers might see the electric-vehicle maker's Model Y crossover or upcoming Cybertruck pickup - maybe even the billionaire CEO himself - on TV or online. Musk revealed those plans on Tuesday at the company's annual meeting, an about-face for the celebrity executive who recently acquired social media platform Twitter. "We'll try out a little advertising and see how it goes," he told investors in Austin, Texas.  ( 41 min )
    Top CD Rates Today, May 17
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Synopsys Stock Rises As Chip Design Software Firm Delivers Beat-And-Raise Report
    No content preview
    Schwab Taps Credit Markets To Raise $2.5 Billion In Debt
    The brokerage giant, under scrutiny this year, said in a filing it would use the proceeds for general corporate purposes.  ( 27 min )
    Cisco Gives Strong Sales Forecast In Sign Companies Are Still Spending on IT
    (Bloomberg) -- Cisco Systems Inc., the largest maker of machines that run computer networks and the internet, gave a strong sales forecast for the current quarter, indicating some customers remain committed to upgrading their corporate technology infrastructure.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsDebt-Limit Talks to Intensify  ( 39 min )
    Cisco Earnings Top Estimates As The Company's Outlook Edges By Views
    No content preview
    Cisco's orders hit by sluggish demand, shares fall
    Cisco Systems Inc beat third-quarter revenue estimates on Wednesday as easing supply hurdles helped the company clear order backlogs for its networking gear. The company posted revenue of $14.57 billion in the quarter, compared with analysts' estimates of $14.39 billion, according to Refinitiv.  ( 38 min )
    California Mutual Fund Manager Gets Four Years in Prison in $106 Million Fraud
    (Bloomberg) -- A California mutual fund manager was sentenced to four years in prison for defrauding investors whose $106 million he said would be put in US Treasury bills and other safe assets but was instead lost in much riskier investments.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsThe $120 Million Ghost Ship Antigua Is Desperate  ( 38 min )
    Billionaire Investor Stanley Druckenmiller Warns Of 'Biggest And Probably Broadest Asset Bubble' — Here's How He's Preparing For 'The Grand Finale'
    By increasing borrowing costs and reducing liquidity, interest rate hikes have the potential to cool asset bubbles. But despite the Federal Reserve’s aggressive rate hikes, billionaire investor Stanley Druckenmiller doesn’t believe the bubble has dissipated. “I’m sitting here staring in the face at the biggest and probably the broadest asset bubble — forget that I’ve ever seen, but that I’ve ever studied,” he said at the 2023 Sohn Investment Conference. “It went on for 10 or 11 years and then it  ( 39 min )
    Meta and Nvidia Shares Are Soaring
    A pair of tech stocks are seeing growth in the triple digits this year. Meta Platforms (META) is up 102% this year, on pace for its best year since 2013, when it rose 105%, according to Dow Jones Market Data. Nvidia (NVDA) has gained 105% so far this year, and is on pace for its best year since 20  ( 22 min )
    AB InBev stock drops as analysts look for 'stabilization' in Bud Light sales declines
    An Instagram post during March Madness apparently set off Kid Rock — and began a long six week PR nightmare for Bud Light which has dragged down sales sharply.  ( 40 min )
    GE Soars 55% As 93% Growth Outlook Powers Bellwether Stock
    No content preview
    Treasury's Plunging Cash Pile Raises Risk of Early June X-Date
    (Bloomberg) -- A faster-than-expected decline in the US Treasury Department’s cash balance is leading market participants to question whether the government will be able to make it until mid-June tax payments, potentially dashing hopes for a late-summer deadline. Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyDebt-Limit Talks to Intensify as Biden Set to Depart for JapanJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsMercedes Sets Out to Make S  ( 40 min )
    Stocks Climb After Biden Speaks on Debt Ceiling
    Markets picked up steam after President Joe Biden said Wednesday he was “confident” that he and congressional leaders will come to an agreement to avoid the first ever U.S. government default.  ( 25 min )
    Hedge Fund Trader Sanjay Shah Loses Appeal Over Order to Pay $1 Billion in Tax
    (Bloomberg) -- Sanjay Shah, a hedge-fund trader accused of masterminding a massive tax fraud, lost an appeal at a Dubai court over an order to pay the Danish authorities more than 8.5 billion krone ($1.24 billion).Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsDebt-Limit Talks to Intensify as Biden Set to Depart for JapanThe Court of Cas  ( 38 min )
    Billionaire Paul Tudor Jones Pours Millions Into These 2 Stocks Amid Recession Fears
    The assumption among most financial prognosticators is that a recession is most likely on the way, and one prominent name agrees it’s all but inevitable. Legendary investor Paul Tudor Jones sees a recession coming and even has an idea of when it will hit. The Tudor Investment Corp founder and billionaire expects a recession will come into play this fall, mainly as a result of the surge in debt and asset prices in recent years. Such activities are usually followed by an economic downturn. “Histor  ( 41 min )
    Alibaba’s Earnings Come at a Critical Time. Watch for Split-Up News, China’s Recovery.
    Beyond the numbers, Alibaba earnings may hold more details on the group's plans to split itself up, as well as key trends about the Chinese consumer.  ( 23 min )
    Hot Chip Stock Rambus Is Breaking Out, Fueled By AI, Network Product Rollout
    No content preview
    Pfizer, Amgen, and 7 More Cheap Healthcare Stocks for Investors to Consider
    The stocks our screen found are cheap, relative to highfliers like Eli Lilly, and many are cheap for a reason.  ( 23 min )
    Half of Americans Won't Be Able to Afford Their Standard of Living in Retirement: Here's What You Can Do
    Will you have to downsize in your retirement? Many families plan to adjust their lifestyles in retirement. They swap the family house, say, for a smaller home. Or they move to a less expensive community. When this is a choice, … Continue reading → The post Half of Americans Won't Be Able to Afford Their Standard of Living in Retirement: Here's What You Can Do appeared first on SmartAsset Blog.  ( 42 min )
    Ask an Advisor: What Should I Do With My Retirement Accounts When I Retire?
    When entering retirement, would it be best to transfer your pension fund and 401(k) from your employer account to your own personal individual retirement account (IRA), keeping them under one roof? -Randy There are a couple of things to be … Continue reading → The post Ask an Advisor: What Should I Do With My Retirement Accounts When I Retire? appeared first on SmartAsset Blog.  ( 39 min )
    Stocks rise as earnings, debt-ceiling talks stay in focus: Stock market news today
    Stocks opened in recovery mode Wednesday following Tuesday’s selloff as investors remain hopeful that the debt-ceiling talks will produce a breakthrough.  ( 40 min )
    AI Is Reshaping Jobs. Here Are the Companies to Watch.
    Researchers found that companies with the greatest exposure to generative AI could see higher cash flows, lower labor costs, and greater market valuations.  ( 22 min )
    These Lithium Stocks Are Near Buy Points With SQM Earnings Due
    No content preview
    Apple Thwarts $2B In Fraud Transactions, UBS Takes $17B Hit From 'Hasty Credit Suisse Takeover,' Verizon Streamlines Unlimited Data Plans: Today's Top Stories
    Benzinga Apple Thwarts $2B In Fraud Transactions — But Third-Party App Store Debate Rages On On Tuesday, Apple announced that its App Store thwarted potential fraudulent transactions amounting to over $2 billion in 2022, alongside rejecting approximately 1.7 million app submissions for failing to meet the privacy and security standards of the app marketplace. The company underscored that it safeguarded users from almost 57,000 questionable apps from unofficial stores lacking the same inherent pr  ( 41 min )
    Tesla Stock Rises After Annual Meeting. There Are a Couple Reasons for That.
    Wall Street seems most excited about new products and advertising coming out of Tesla's 2023 annual meeting of shareholders, held Tuesday evening in Austin, Texas.  ( 23 min )
    Almost 8 in 10 People Oppose Raising the Full Retirement Age for Social Security
    There's a reason that Social Security is called "the third rail of American politics" – as in, touch it and die. Most Americans – especially seniors – are fiercely protective when it comes to their retirement benefits. A financial advisor … Continue reading → The post Almost 8 in 10 People Oppose Raising the Full Retirement Age for Social Security appeared first on SmartAsset Blog.  ( 40 min )
    Verizon Streamlines Unlimited Data Plans, Looks At Competitive Pricing
    Verizon Communications Inc (NYSE: VZ) is pruning the cost and number of its wireless plans to simplify customers' options amid cutthroat competition. It is reducing its lineup of unlimited mobile plans from six to two. It is dropping its most expensive data plans, the Wall Street Journal reports. For four lines, Verizon's two new mobile plans, Unlimited Welcome and Unlimited Plus will be available at a monthly price of $30 a line and $45 a line, respectively. For a single line, the cost would be  ( 39 min )
    Western Alliance leads regional bank stocks higher
    The Phoenix bank said its deposits rose again last week, boosting optimism in other regional lenders.  ( 39 min )
    FDA Signals Support For Pfizer's Maternal RSV Shot Ahead Of Adcomm, Pfizer Raises $31B In Debt To Fund Seagen Deal
    Pfizer Inc (NYSE: PFE) plans to raise $31 billion from a debt offering to finance its proposed acquisition of Seagen Inc (NASDAQ: SGEN) for $43 billion. The debt offering, which would be in eight tranches, is expected to close on May 19. Pfizer expects Seagen could contribute more than $10 billion in risk-adjusted revenues in 2030, with potential significant growth beyond 2030. Tuesday, Seagen shares came under pressure after the U.S. Federal Trade Commission announced to sue to stop Amgen Inc's  ( 39 min )
    Meta, Alphabet Poised to Get Knocked Out of Value Index
    A big reshuffling is coming to the stock market next month: Index provider FTSE Russell will be rebalancing its stock benchmarks, a move that typically ripples through trillions of dollars in investments. Meta and Google-parent Alphabet are poised to get kicked out of the Russell 1000 Value Index,  ( 19 min )
    2 “Strong Buy” Penny Stocks With Over 400% Upside on the Horizon
    In Kenny Rogers’ iconic song “The Gambler,” he sang, “Every hand’s a winner and every hand’s a loser…” These words hold valuable wisdom that every investor should remember. Regardless of your chosen strategy, successful stock investing ultimately boils down to mastering the art of balancing risk and reward. There are few stock segments that offer a higher return potential for the risk involved than the penny stocks, those equities priced at $5 or less. These are stocks with a truly rock-bottom c  ( 42 min )
    Regional Bank Stocks Are in the Green
    Western Alliance Bancorp (WAL) stock jumped after the bank said its deposits had grown in the current quarter, sparking gains across other regional bank stocks. In premarket trad  ( 22 min )
    Bitcoin’s Correction Deepens. Prices Could Be Headed to These Levels.
    Bitcoin breached $30,000 last month, marking the peak of a huge rally so far this year. But it has since corrected, with declines accelerating this week.  ( 22 min )
    Are You Actually Part of the American Middle Class? Find Out
    No content preview
    How Many Americans Retire With a Million Dollars?
    Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.  ( 42 min )
    How to Stop Nursing Homes From Taking Your Life Insurance From a Beneficiary
    A lengthy nursing home stay can be expensive, and if you don't qualify for Medicaid, you may need to draw down your assets to pay for it. You may choose to leave a life insurance policy behind to help your … Continue reading → The post Can Nursing Homes Take Your Life Insurance From Your Beneficiary? appeared first on SmartAsset Blog.  ( 41 min )
    IMF's Gopinath sees 'sizeable' upside inflation risks, says markets too optimistic
    The International Monetary Fund's no. 2 official said on Wednesday she sees sizeable risks that inflation will remain high or accelerate in many emerging markets and urged central banks to keep monetary policies tight. IMF First Deputy Managing Director Gita Gopinath told a conference hosted by the Central Bank of Brazil that markets were probably "too optimistic" about what it would take to bring down inflation in emerging markets. "Despite encouraging signs, I am worried that price pressures seem entrenched in many economies and that upside inflation risks are sizeable," she said in remarks prepared for the event.  ( 38 min )
    Fed to keep rates untouched this year; risk of U.S. default high: Reuters poll
    The U.S. Federal Reserve will hold its key interest rate steady this year despite an expected recession, according to a Reuters poll of economists, who also said the risk of a U.S. default over the debt ceiling was higher compared to prior stand-offs. Those concerns, along with failures of some regional banks, led markets to price in at least a 50 basis point cut by end-2023, an expectation that gained momentum after policymakers signaled a pause to the rate hiking campaign at the May 2-3 meeting. However, U.S. central bankers reiterated the federal funds rate would stay high or could go even higher, not lower, despite 34 of 46 respondents to an additional question in the May 11-16 Reuters poll predicting a U.S. recession in 2023.  ( 40 min )
    AI News: Artificial Intelligence Trends And Leading Stocks
    No content preview
    Growth Stocks Are Back — Analysts Like These 8 The Best
    No content preview
    San Francisco fire sale: downtown high rise selling at a 73% discount
    A high rise office building in San Francisco's financial district is being sold for significantly lower than what it had been valued at a few years ago, the San Francisco Business Times reported.  ( 39 min )
    These Stocks Are Moving the Most Today: Tesla, Target, Western Alliance, Doximity, EVgo, Keysight, and More
    Tesla CEO Elon Musk tells shareholders the electric-vehicle company would try running some advertisements, Target's adjusted earnings top estimates, Western Alliance issues a deposits update, and Doximity's revenue forecast misses expectations.  ( 23 min )
    Dynatrace Stock Jumps On Earnings Beat, Fiscal 2024 Guidance
    No content preview
    Analyst Report: Avalonbay Communities Inc.
    No content preview
    Analyst Report: Occidental Petroleum Corp.
    No content preview
    Daily Spotlight: Oil Prices Stuck Below Recent Highs
    No content preview
    Market Digest: AVB, DVN, OXY, OTIS, ABNB
    No content preview
    Pfizer Prices $31 Billion Debt Offering to Fund Seagen Acquisition
    Pfizer's acquisition of cancer-focused biotech Seagen, announced in March, would be its biggest since 2009. The deal faces risks.  ( 22 min )
    Daily – Vickers Top Insider Picks for 05/17/2023
    No content preview
    Daily – Vickers Top Buyers & Sellers for 05/17/2023
    No content preview
    Target earnings beat but company warns on current quarter, calls out cautious consumer
    Target hits and misses in its first quarter earnings report.  ( 40 min )
    Target CEO: We're seeing 'violent' incidents in our stores and it's costing us millions
    Target execs call attention to a major problem they are having in their stores.  ( 40 min )
    Bitcoin’s Correction Deepens. It Could Be Headed to These Levels.
    Bitcoin breached $30,000 last month, marking the peak of a huge rally so far this year. But it has since corrected, with declines accelerating this week.  ( 22 min )
    Elon Musk says the ‘laptop class’ needs to ‘get off their moral high horse’ when it comes to remote work
    Musk argued that professional workers were being unfair in asking to work-from-home while factory and service workers still had to work in-person.  ( 41 min )
    EV maker Fisker is exploring collaboration with other companies, CEO says
    Electric car maker Fisker Inc is exploring collaboration with other companies to scale up market share faster, Chief Executive Henrik Fisker said on Wednesday. All three companies are still relatively small and are launching new product lines as larger rivals such as Tesla Inc, China's BYD and established global automakers are battling for sales by cutting prices. Fisker said the EV startup has 65,000 reservations for its Ocean SUV, which is being launched from a factory in Austria operated by a unit of Magna International Inc.  ( 39 min )
    Yuan Slides Past Seven in New Warning Sign for China’s Economy
    (Bloomberg) -- The yuan slid past the 7 per dollar level for the first time since December as disappointing Chinese economic data this week prompted calls for more policy easing.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterGoogle Billionaire Sergey Brin  ( 40 min )
    Western Alliance Gains on Deposit Growth. PacWest, Regional Banks Stocks Are Rising.
    Western Alliance said its deposits had grown by more than $2 billion in the second quarter so far.  ( 22 min )
    Drugmakers eye $23 billion biotech Argenx ahead of key trial data
    (Bloomberg) -- European biotech firm Argenx SE is scheduled to release key drug trial data this summer. Deal-hungry Big Pharma is closely watching.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterHere’s How Much Wealth You Need to Join the Richest 1% Glo  ( 41 min )
    Guess how much big pharma paid in US taxes on $110 billion of profit in 2022
    Contrary to the myth, Americans pay quite a lot of taxes. In 2022, for instance, employees paid an average tax rate of 24.8%, or 0.2% more than in comparable countries. US federal taxes on individual income can be as high as 37%.  ( 40 min )
    JPMorgan Asset Says Markets Are Right to Bet Fed Cuts Are Coming
    (Bloomberg) -- A US recession is a virtual certainty and the Federal Reserve may lower interest rates by the third quarter as growth loses momentum, according to JPMorgan Asset Management. Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanHere’s How Much Wealth You Need to Join the Richest 1% GloballyGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterGoogle Billionaire S  ( 40 min )
    UBS says it was rushed into unwanted Credit Suisse rescue merger
    UBS Group AG was rushed into buying cross-town rival Credit Suisse Group AG in a deal it did not want, as a global bank crisis worsened the latter's finances and prompted authorities to take swift action, a regulatory filing showed. UBS, in a Tuesday filing to the U.S. Securities and Exchange Commission, told investors it had less than four days to conduct due diligence given the "emergency circumstances". Credit Suisse's involvement in a series of corporate collapses spooked clients who began withdrawing their money, a trend that accelerated when U.S. bank failures sparked fear of a broader banking crisis.  ( 39 min )
    Commerzbank doubles quarterly profit, helped by higher interest rates
    Germany's Commerzbank said on Wednesday that net profit nearly doubled in the first quarter, a better-than-expected result helped by higher interest rates. Analysts had on average expected profit of 481 million euros, according to a consensus forecast published by Commerzbank. The bank said it sees "upside potential" in net interest income this year.  ( 38 min )
    Siemens raises full year outlook after 2nd quarter sales beat
    Siemens raised its full year sales and profit guidance on Wednesday after the German engineering and technology group beat sales forecasts during its second quarter. The maker of products ranging from trains and industrial software now expects comparable revenue growth of 9% to 11% in the 12 months to the end of September, up from its previous view for an increase of 7% to 10%. Siemens also expects to increase its underlying basic earnings per share to a range of 9.60 euros to 9.90 euros, up from the 8.90 euros to 9.40 euros it said it expected in February.  ( 38 min )
    Cisco Systems Reports Earnings Today. It’s All About Orders.
    When Cisco Systems reports financial reports after the close Wednesday, the focus is going to be not on revenue and profits, but instead on orders.  ( 22 min )
    Mohamed El-Erian says regional banks are in a 'hospital' phase of turmoil, but a Fed policy mistake will drive them 'back into the ICU'
    No content preview
    Vietnam EV maker VinFast sees sales boom, path to breakeven
    Vietnam's electric automaker VinFast expects to break even by the end of 2024, its founder said on Wednesday. Vinfast will also launch an EV-pickup truck and a city or "mini car" as future models, Pham Nhat Vuong, chairman of conglomerate Vingroup and founder of its auto unit VinFast, told investors at the company's annual general meeting. VinFast said earlier this month that it would list in the United States via a merger with a special purpose acquisition company (SPAC) Black Spade Acquisition Co.  ( 38 min )
    RH stock plunges 8% after Warren Buffett's Berkshire Hathaway dumps its entire stake in the home furnishings company
    RH CEO Gary Friedman has been a fan of Warren Buffett, having quoted him often during company earnings calls over the years.  ( 39 min )
  • Open

    Target's Profit and Revenue Rise Despite Inflation Impact
    Target's first quarter profit and revenue exceed estimates even as inflation led consumers to shift their shopping habits away from higher-priced discretionary products.  ( 1 min )
    OpenAI to Update ChatGPT With Internet Access
    OpenAI adds a web browser for paid ChatGPT users and plugins that expand access to commercial services.  ( 1 min )
  • Open

    Markets Advance on Optimism About Debt Limit Talks, Regional Banks
    The Dow, S&P 500, and Nasdaq jumped more than 1% on Wednesday, May 17, 2023 as debt limit talks advanced and regional bank shares rose.  ( 1 min )
    Pfizer's Bond Sales Ranks Among Largest Ever
    Pfizer's $31 billion bond sale ranks among the largest ever, but it's still only half the size, adjusted for inflation, of Verizon's mammoth 2013 deal.  ( 1 min )
    Western Alliance Shares Soar on Deposit Surge
    Western Alliance Bancorporation (WAL) shares are soaring after the struggling regional bank said deposits have jumped so far this quarter, which also boosted shares of other regional lenders.  ( 1 min )
    5 Things to Know Before Markets Open
    House Speaker Kevin McCarthy said a debt ceiling deal could be ready by the end of the week and Target’s earnings show that consumers are buying more necessities and fewer discretionary items. Here’s what investors need to know today.  ( 1 min )
  • Open

    Oudere Surinaamse Nederlanders krijgen 5.000 euro voor gat in AOW
    Het kabinet wil een groep ouderen van Surinaamse afkomst die onvolledige AOW ontvangen, een tegemoetkoming geven van 5.000 euro per persoon. Dat schrijft pensioenminister Carola Schouten aan de Tweede Kamer. Het gaat om een groep van ruim 30.000 mensen.  ( 4 min )
    200 basisscholen verleiden leraren tot extra werkuren met bonus of vrije dagen
    Om het personeelstekort in het onderwijs het hoofd te bieden, proberen basisscholen leraren te verleiden om meer uren te draaien. Het idee is dat ze hier sneller toe bereid zijn als daar een financiële bonus, extra vrije dagen of een plek bij de kinderopvang tegenover staat. 200 scholen doen mee aan dit overheidsexperiment.  ( 5 min )
    UWV in beroep tegen uitspraak dat asielzoeker meer dan 24 weken mag werken
    Het UWV gaat met het ministerie van Sociale Zaken en Werkgelegenheid (SZW) in hoger beroep tegen de uitspraak van de rechter dat een asielzoeker meer dan 24 weken mag werken.  ( 4 min )
    Basisscholen verleiden leraren tot extra werkuren met bonus of vrije dagen
    Om het personeelstekort in het onderwijs het hoofd te bieden, proberen scholen leraren te verleiden om meer uren te laten draaien. Idee is dat ze hier sneller toe bereid zijn als daar een bonus, in geld, extra vrije dagen of een plek bij de kinderopvang tegenover staat. 200 scholen doen mee aan dit overheidsexperiment.  ( 5 min )
    Graandeal Rusland en Oekraïne op het nippertje twee maanden verlengd
    Rusland en Oekraïne zijn akkoord over het verlengen van de graandeal tussen beide landen. Het gaat om een verlenging van twee maanden. Dat hebben de twee landen bevestigd nadat de Turkse president Recep Tayyip Erdogan het eerder op woensdag al meldde.  ( 3 min )
    Overheid in beroep tegen uitspraak dat asielzoeker meer dan 24 weken mag werken
    Het UWV gaat met het ministerie van Sociale Zaken en Werkgelegenheid (SZW) in hoger beroep tegen de uitspraak van de rechter dat een asielzoeker meer dan 24 weken mag werken.  ( 4 min )
    Turkije meldt verlenging graandeal tussen Rusland en Oekraïne
    Rusland en Oekraïne zijn akkoord over het verlengen van de graandeal tussen beide landen. Het gaat om een verlenging van twee maanden. Dat meldt de Turkse president Recep Tayyip Erdogan woensdag.  ( 3 min )
    Nieuwste Legend of Zelda-computerspel snelst verkopende Nintendo-game ooit
    De nieuwe game The Legend of Zelda: Tears of the Kingdom is in drie dagen tijd tien miljoen keer verkocht. Volgens Nintendo is het de snelst verkopende Nintendo-game ooit in zowel de Benelux als in Europa.  ( 3 min )
    KLM-reizigers krijgen bij boeking ook keuze voor non-binair als aanspreekvorm
    Klanten van KLM die liever niet als man of vrouw aangesproken willen worden, kunnen dat voortaan aangeven bij hun boeking. Ze kunnen aangeven dat ze zich identificeren als non-binair of ervoor kiezen de aanspreekvorm helemaal weg te laten. Dan noemt de luchtvaartmaatschappij de passagiers gewoon bij hun naam.  ( 3 min )
    Rabobank verhoogt spaarrente voor de tweede keer in een maand tijd
    Rabobank verhoogt de rente op vrij opneembaar spaargeld op 1 juni van 0,75 procent naar 1 procent. Dat is de tweede verhoging in een maand tijd. Op 1 mei ging de spaarrente ook al omhoog.  ( 3 min )
    Subsidies voor meer IT'ers, zorgstages en omscholing werken niet goed
    Het geld dat het kabinet gebruikt om de arbeidsmarkt te stimuleren, heeft amper effect. De subsidies moeten zorgen voor meer IT'ers en stages in de zorg, maar dat doen ze volgens de Algemene Rekenkamer niet. Daarnaast ligt bij het omscholingsbudget STAP misbruik op de loer.  ( 4 min )
    Inflatie in Europese Unie zakt verder, maar Nederland beweegt niet mee
    De inflatie in de gehele Europese Unie is in april voor de zesde maand op rij gezakt. Die maand bedroeg de inflatie 8,1 procent. Maar in Nederland steeg het percentage juist in april.  ( 3 min )
    Stakingen zuivelindustrie van de baan: personeel krijgt 11,65 procent meer loon
    Ook in de zuivelindustrie zijn acties en stakingen voorlopig van de baan. Werkgevers en vakbonden hebben een nieuwe cao gesloten voor de twaalfduizend werknemers. Zij kunnen rekenen op een loonsverhoging van 11,65 procent.  ( 3 min )
    Bedrijf achter ChatGPT vraagt Amerikaanse overheid om regels voor AI
    Topman Sam Altman van het bedrijf achter chatbot ChatGPT heeft de Amerikaanse overheid opgeroepen de ontwikkeling van kunstmatige intelligentie (AI) te reguleren. De bestuurder van OpenAI is bang dat de technologiesector de wereld anders aanzienlijke schade kan toebrengen.  ( 4 min )
    Elektrische auto's steeds populairder in Nederland, vraag in EU blijft achter
    In Nederland zijn elektrische auto's inmiddels bijna net zo geliefd als benzineauto's. Maar in de hele Europese Unie zijn personenwagens met een benzinemotor nog altijd het populairst.  ( 3 min )
    Einde van tijdelijk huurcontract in zicht, wat verandert er precies?
    Tijdelijke huurcontracten op de woningmarkt moeten weer een uitzondering worden. Een meerderheid van de Tweede Kamer stemde daarom dinsdag voor nieuwe regels, die ervoor moeten zorgen dat vaste contracten de norm zijn. Wat verandert er precies en welke uitzonderingen zijn er?  ( 5 min )
    Hamer: 'Val niet te snel terug op extern onderzoek bij grensoverschrijdend gedrag'
    Bedrijven moeten bij een melding over seksueel grensoverschrijdend gedrag niet te snel terugvallen op extern onderzoek. Dat schrijft regeringscommissaris Mariëtte Hamer in een pilotversie van een gids over hoe organisaties moeten omgaan met dit soort situaties.  ( 4 min )
    Werkloosheid neemt licht af en is het laagst onder 45-plussers
    De werkloosheid in ons land is in april licht afgenomen naar 3,4 procent van de beroepsbevolking. Dat zijn 343.000 mensen zonder baan. Onder 45-plussers is het aantal werklozen zelfs gedaald tot het laagste niveau in twintig jaar.  ( 3 min )
    Explainer | Wat is graaiflatie (en doen supermarkten daar echt aan)?
    Supermarkten zouden zich schuldig maken aan graaiflatie. Daarbij stijgen de prijzen onnodig harder dan de kosten. Hoe zit dat precies?  ( 3 min )
  • Open

    Top CD Rates Today, May 17
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Best Day Trading Platforms of 2023
    Looking for somewhere to trade actively? We reviewed the best day trading platforms based on execution speed, ease of use, pricing, reliability, and customer service.  ( 30 min )
    What Is a Credit Score? Definition, Factors, and Ways to Raise It
    A credit score is a number from 300 to 850 that rates a consumer’s creditworthiness. The higher the score, the better a borrower looks to potential lenders.  ( 26 min )
    Hospital Insurance Trust Fund: Medicare Part A
    The hospital insurance trust fund is Part A of Medicare, the United States health insurance program for those 65 and older.  ( 21 min )
    Dow Jones Today: Index Jumps on Debt Talk Hopes
    Home Depot and Boeing help lead the Dow more than 400 points higher, while Intel continued its losing streak  ( 16 min )
    What Is a Broad-Based Index, and What Are Some Broad Index Funds?
    A broad-based index is designed to reflect the movement of the entire market—one example of a broad-based index is the Dow Jones Industrial Average.  ( 21 min )
    Markets Advance on Optimism About Debt Limit Talks, Regional Banks
    The Dow, S&P 500, and Nasdaq jumped more than 1% on Wednesday, May 17, 2023 as debt limit talks advanced and regional bank shares rose.  ( 16 min )
    Bank Letter of Credit Policy Definition
    A bank letter of credit policy assures a company engaged in an international transaction of the creditworthiness of the buyer.  ( 19 min )
    Target's Profit and Revenue Rise Despite Inflation Impact
    Target's first quarter profit and revenue exceed estimates even as inflation led consumers to shift their shopping habits away from higher-priced discretionary products.  ( 16 min )
    Rehabilitation Credit (Historic Preservation)
    The rehabilitation credit for historic preservation is a federal tax credit designed to encourage historical property preservation in the U.S.  ( 24 min )
    More Than Half of Gen Z and Millennials Say They Live Paycheck to Paycheck
    Over half of Gen Z and millennial respondents surveyed by Deloitte say they live paycheck to paycheck, and expect that the economy will stay the same or worsen over the next year.  ( 16 min )
    Pfizer's Bond Sale Ranks Among Largest Ever
    Pfizer's $31 billion bond sale ranks among the largest ever, but it's still only half the size, adjusted for inflation, of Verizon's mammoth 2013 deal.  ( 17 min )
    10 Key Questions To Ask Your Financial Advisor
    Asking these 10 questions can help you to have a successful relationship with your financial advisor. It's important to understand what your advisor does and how they do it.  ( 28 min )
    Look-Alike Contracts Definition
    A look-alike contracts is a derivative of a futures contract.  ( 18 min )
    OpenAI to Update ChatGPT With Internet Access
    OpenAI adds a web browser for paid ChatGPT users and plugins that expand access to commercial services.  ( 17 min )
    How to Get a Mortgage in Your 20s
    You’re probably moving a lot and still paying off your student loans. Is it crazy to get a mortgage in your 20s? Here’s how to decide.  ( 26 min )
    Capital One CD Rates: May 2023
    Capital One offers a solid certificate of deposit (CD) account, with a variety of term lengths, good rates, and no minimum balance required.  ( 20 min )
    Chase CD Rates: May 2023
    Learn about Chase Bank's CD rates and how they compare to the competition. Make informed decisions and see if you can maximize your returns with Chase Bank's CD options.  ( 19 min )
    Albanian Lek (ALL) Definition
    The Albanian lek is the national currency of the Republic of Albania.  ( 21 min )
    Why Clients Fire Financial Advisors
    The reasons most clients fire their advisors are easier to address than you may think. Find out what you should be doing to keep your clients.  ( 24 min )
    You Can Beat Inflation With a CD for the First Time in Years
    The March inflation rate was 5%. That's lower than the top interest rates on CDs. The best-paying CDs could beat or at least mitigate the effects of inflation on your savings.  ( 20 min )
    How To Find the Best Mortgage Rates
    Shopping for a mortgage? Learn how to get the best possible mortgage deal, how a mortgage calculator can help, and tips to help you find the best mortgage rates.  ( 27 min )
    Credit Card Rental Car Insurance: What Is It and How Does It Work?
    Credit card rental car insurance is coverage to pay for damage to a rental car you rent with the card. Here’s how it works and which cards offer primary coverage.  ( 27 min )
    Tether to Spend Millions on Bitcoin to Diversify USDT Reserves
    Tether, the issuer of the USDT stablecoin, said it will allocate 15% of its profit to regularly purchase Bitcoin to diversify reserves backing USDT.  ( 17 min )
    The Global Reporting Initiative
    The Global Reporting Initiative (GRI) is an international independent organization that provides a widely recognized framework for sustainability reporting  ( 21 min )
    What Is the Financial Services Forum?
    The Financial Services Forum is an organization representing the CEOs of the eight largest U.S. banks that advocates on financial and economic policy.  ( 22 min )
    Serial Bond With Balloon Definition
    A serial bond with balloon has portions of the total principal amount mature at staggered intervals and a significantly larger final balloon payment.  ( 19 min )
    Residential Mortgage-Backed Security: Defined, Pros & Cons
    Residential mortgage-backed securities are created from residential debt such as mortgages, home-equity loans & subprime mortgages.  ( 20 min )
    Western Alliance Shares Jump on Deposit Surge
    Western Alliance Bancorporation (WAL) shares jumped after the struggling regional bank said deposits have risen so far this quarter, which also boosted shares of other regional lenders.  ( 16 min )
    Top Financial Stocks for May 2023
    Jackson Financial, New York Community Bancorp, and Waterdrop are the top financial stocks for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Mortgage Applications Declined Last Week
    Mortgage interest rates increased again last week, leading to a drop in applications to purchase or refinance homes, according to the Mortgage Bankers Association.  ( 16 min )
    Home Possible Mortgage Definition
    The Home Possible mortgage program from Freddie Mac allows low and moderate-income borrowers to buy a home with a down payment as low as 3%.  ( 18 min )
    Ripple Buys Swiss Crypto Startup Amid US Regulatory Uncertainty
    Ripple said it bought Swiss crypto custodian Metaco as crypto firms diversify outside the U.S.  ( 18 min )
    How Mastodon Makes Money
    Mastodon, a social media platform that emerged as an alternative to Twitter, makes money from grants, direct sponsorships, and user donations.  ( 23 min )
    Which FICO Scores Do Lenders Use?
    Lenders use different versions and types of FICO scores depending on the type of credit you're seeking and other issues.  ( 24 min )
    Fannie Mae: Loans, Rules, and Programs
    Fannie Mae expands the liquidity of the mortgage market and helps low- to moderate-income borrowers obtain financing for a home.  ( 26 min )
    Most Americans Want to Cut Out the Tax Preparer Middleman
    In a survey published this week, the majority of tax prep software users said they would switch over to an IRS-run option, if one were made available.  ( 17 min )
    Walmart Earnings Expected to Rise as Consumers Spend More on Necessities
    Walmart, America’s biggest retailer by revenue, is expected to report a rebound in earnings on solid growth in same-store sales, as cash-strapped consumers spend more on necessities.  ( 17 min )
    Prime Definition
    Prime is a classification of borrowers, rates, or holdings in the lending market that are considered to be of high quality.  ( 21 min )
    Today's Mortgage Rates & Trends - May 17, 2023: Rates Edge Higher
    The 30-year mortgage average inched up to almost the 7% threshold once again, with most other loan averages also moving slightly to moderately higher.  ( 17 min )
    Conforming Loan: What It Is, How It Works, Vs. Conventional Loan
    A conforming loan is a home mortgage with underlying terms and conditions that meet the funding criteria of Fannie Mae and Freddie Mac.  ( 24 min )
    Nonconforming Mortgage: What it is, How it Works
    A nonconforming mortgage is a home loan that cannot be sold by a bank to Fannie Mae or Freddie Mac, usually because it is too large.  ( 19 min )
    Mortgage Application: What it is, How it Works
    A mortgage application is submitted to a lender when you apply for a loan and includes information that determines whether the loan will be approved.  ( 23 min )
    April Housing Starts Rise As Low Home Inventory Boosts Outlook For New Construction
    Housing starts ticked up slightly in April, a sign that demand is growing for newly-built homes in a low-inventory market.  ( 17 min )
    How to Find a Reverse Mortgage Lawyer
    A reverse mortgage lawyer can help with untangling reverse mortgage issues. Learn how to find a reputable reverse mortgage attorney.  ( 22 min )
    Understanding the Escrow Process & Requirements
    If you are buying or selling a home, you must understand all the processes involved in the escrow. Here is everything you will need to know about the escrow process.  ( 28 min )
    US Inflation Rate by Year: 1929-2023
    By looking at the inflation rate each year, you can gain insight into how prices changed and how events across the globe impacted the average U.S. consumer.  ( 25 min )
    US Debt by President: Dollar and Percentage
    Here is how much each U.S. president contributed to the U.S. national debt, both by percentage and in dollar amounts.  ( 25 min )
    Mortgage Payment Structure Explained With Example
    When you get a mortgage, you need to understand the structure of your payments, so you know how expensive the whole thing will ultimately be.  ( 26 min )
    5 Things to Know Before Markets Open
    House Speaker Kevin McCarthy said a debt ceiling deal could be ready by the end of the week and Target’s earnings show that consumers are buying more necessities and fewer discretionary items. Here’s what investors need to know today.  ( 18 min )
    Unit Linked Insurance Plan: What It Is, How It Works
    A unit linked insurance plan (ULIP) is an investment product that provides insurance payout benefits.  ( 22 min )
    A Brief Overview of the Insurance Sector
    Learn more about the insurance sector, a historically safe place for equity investors and the home of some of the largest financial firms in the world.  ( 27 min )
    Top Reasons Why Advisors Should Go RIA
    The top reasons why advisors should become registered investment advisors.  ( 24 min )

  • Open

    Wall Street's Biggest Banks Face a Harsh Reality Check in China
    (Bloomberg) -- More than three years after China’s grand financial opening, it’s becoming clear to Wall Street giants that their dreams of windfall profits from the $60 trillion market are more elusive than ever.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanHere’s How Much Wealth You Need to Join the Richest 1% GloballyGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks La  ( 43 min )
    Dow Jones Breaks Support As President Biden Makes This Debt-Ceiling Move; Elon Musk Says Tesla Will 'Try' This
    No content preview
    Warren Buffett and J.P. Morgan Have One Thing in Common: They Both Like These 2 Stocks
    When the legendary investor Warren Buffet makes a move, Wall Street pays attention. Known as the ‘Oracle of Omaha’ and the mastermind behind Berkshire Hathaway, now 92 years old, Buffett has amassed a fortune of over $100 billion throughout his career. Buffett’s preferred investing style has always been value investing, which entails identifying undervalued stocks with strong fundamentals. So, it’s definitely worth nosing through Buffett’s Berkshire Hathaway portfolio to see which stocks he rece  ( 42 min )
    Warren Buffett sells stakes in two banks, buys into Capital One
    The Oracle of Omaha has made it clear that he is still cautious about holding many bank stocks.  ( 40 min )
    In his first public appearance since SVB’s collapse, former CEO Greg Becker is asked to defend trip to Hawaii and whether he’ll forfeit $1.5 million bonus
    Greg Becker acknowledged that regulators had pointed out flaws in SVB's balance sheet, but said that he was in the process of working with regulators when the bank run occurred.  ( 40 min )
    Buy SoFi Stock, Analyst Says. Sellers Have Got It Wrong.
    The stock has dived 23% since the company reported first-quarter earnings on May 1.  ( 22 min )
    Tesla shareholder meeting: Straubel elected to board; Musk reiterates 'production Cybertrucks' coming this year
    Tesla held its annual shareholder meeting after the bell on Tuesday, with the company dealing with a variety of items like board composition, shareholder votes on various measures, long-term planning and the return of a former Tesla exec as a new board member.  ( 40 min )
    Short seller Jim Chanos scoffs at former SVB boss's suggestion that the Fed's sharp policy shift toppled the bank
    Famed short seller Jim Chanos scoffed at remarks made by Silicon Valley Bank's ex-CEO that a sharp policy shift by the Fed had brought the bank down.  ( 39 min )
    These 5 Fastest-Growing Companies Still Expect 35% To 165% Profit Growth
    No content preview
    Elon Musk Teases New Tesla Product While Warning About Near-Term Economic Challenges
    Former Tesla tech chief JB Straubel wins a seat on the auto maker’s board.  ( 26 min )
    New York Community Bancorp Shares to Be Sold by the FDIC
    (Bloomberg) -- The Federal Deposit Insurance Corp. will sell New York Community Bancorp Inc. shares it acquired as part of the lender’s purchase of Signature Bank from the regulator in March.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterHere’s How Muc  ( 39 min )
    Dow Jones Losses Worsen As McCarthy Jabs Biden Over Debt Ceiling; Warren Buffett Buys This Bank Stock
    No content preview
    Couples Can Soon Put Over $10,000 a Year Into Health Savings Accounts
    The IRS announced the largest ever increase to the amount Americans can set aside in HSAs each year.  ( 24 min )
    US officials remove key obstacle to Thacker Pass lithium project
    The U.S. Interior Department on Tuesday removed one of the last remaining obstacles to Lithium Americas Corp's Thacker Pass mine project in Nevada by finding nearly all of the site contains the metal used to make electric-vehicle batteries. The opinion from the department's solicitor comes amid an acrimonious debate about whether more U.S. mines should be built to produce lithium and other green energy transition metals. A federal judge in February rejected claims that the Thacker Pass project would cause unnecessary harm to the environment, but ordered officials to study whether roughly 1,300 acres (530 hectares) at the site where Lithium Americas hopes to store waste rock - a byproduct of the mining process - contained the metal.  ( 39 min )
    Billionaire Stanley Druckenmiller's family office pumps a combined $430 million into Nvidia and Microsoft stocks in big, bold AI bets
    No content preview
    GE, Ikea, Home Depot defeat University of California bid for light bulb import bans
    A group of companies including General Electric Co, Ikea Supply AG and Home Depot Inc on Tuesday defeated a request by the University of California for a U.S. appeals court to block imports of light bulbs that allegedly infringe its patents. The U.S. Court of Appeals for the Federal Circuit affirmed the U.S. International Trade Commission's decision that the companies' light bulbs did not include a key element of the university's patented technology. Home Depot declined to comment.  ( 39 min )
    Dow Jones Leader Salesforce, Chip Giant AMD Lead 4 Stocks In Or Near Buy Zones
    No content preview
    Along With Its Turnaround Plan, 3M Needs To Evolve
    Like its peer, ODP Corp (NASDAQ: ODP), the U.S. industrial conglomerate is also facing lowered sales as consumers reflect on their spending in a difficult macroeconomic environment. With an economic slowdown that is impacting its top lines and manufacturing, 3M (NYSE: MMM) is also dealing with a corporate restructuring and lawsuits that could even cost the company its Dow Jones spot. Firing Of Recently Promoted Chief Business Officer Only a month after his promotion, longtime executive Michael V  ( 41 min )
    The Patent That Helped Vanguard Clients Pocket Big Gains Expires
    (Bloomberg) -- The patent that’s given Vanguard Group an edge over competitors for the past 20 years — and helped its clients pull in more than $100 billion worth of additional investment gains — expired today. Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubSingapore Airlines Posts Highest Profit in 76-Year  ( 39 min )
    Bosses are freaked out you’re working 2 jobs—and remote work and AI have let the cat out of the bag
    Workers who have used remote work's flexibility to 'overemploy' themselves are turning to AI for even more side-hustles.  ( 40 min )
    Americans have had a sudden change of heart about buying a house, and only 1 in 5 think it’s a good idea
    At least 50% of Americans had confidence in the housing market for nearly 50 years, but that all changed the last two years.  ( 39 min )
    Pfizer Gathers $85 Billion in Orders for Its Jumbo Bond Sale
    (Bloomberg) -- Pfizer Inc. is in the US high-grade bond market with a jumbo offering that’s lining up to be one of the largest ever sold. Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubSingapore Airlines Posts Highest Profit in 76-Year HistoryTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffThe  ( 40 min )
    Analyst Report: BCE Inc
    No content preview
    Analyst Report: Intercontinental Exchange Inc
    No content preview
    A Japanese millennial could soon be a billionaire after shares of his AI-powered matching service for companies surged nearly 50% this year
    The net worth of Shunsaku Sagami, the founder, and CEO of M&A Research Institute Holdings, touched $950 million on Tuesday.  ( 39 min )
    David Einhorn's Greenlight Capital snapped up 2 regional banking stocks during last quarter's turmoil
    No content preview
    Broadcom Poised For More Growth; Decision On $61 Billion Bid For Cloud Play Looms
    No content preview
    Market Update: APD, ICE, BCE
    No content preview
    Average CD Rates Rise Again, But Is the Party Almost Over?
    Most national average rates climbed in April, but signs of a pullback are appearing and Federal Reserve actions indicate rates may flatten or decline in coming months.  ( 19 min )
    Buy SoFi Stock, Analyst Says. Sellers Have Got It Wrong.
    The stock has dived 23% since the company reported first-quarter earnings on May 1.  ( 22 min )
    Stocks mixed amid debt-ceiling talks, retail sales data : Stock market news today
    Wall Street is watching for signs of movement in the debt-ceiling impasse, with a meeting between President Joe Biden and House Speaker Kevin McCarthy set for Tuesday afternoon in Washington.  ( 41 min )
    Nvidia’s Market Cap Is Now Bigger Than Berkshire Hathaway’s. Credit AI.
    The chip maker currently has a market cap of $722 billion, outpacing Berkshire's $709 billion.  ( 23 min )
    Warren Buffett Ditched His Flip Phone for an iPhone in 2020 and Drinks 5 Cans of Coke a Day — That's What Makes Him One of the Greatest Investors of All Time
    Business magnate Warren Buffett is widely regarded as one of the greatest investors of the modern-day world. His seemingly unmatched and consistent value-investing strategies have earned him the title of Oracle of Omaha. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Many of his investing strategies are known, but there is one that is often overlooked yet incredibly important. It’s a lot more prevalent in the s  ( 41 min )
    Two Activists Took Alphabet Stakes. What It Says About the Stock.
    Dan Loeb and Bill Ackman just disclosed new positions in Google-parent Alphabet.  ( 22 min )
    ‘Wall Street is Bracing For Something Bad to Happen,’ Analyst Says
    “US stocks are declining after Home Depot delivered a downbeat outlook for the retail consumer and Speaker McCarthy said debt ceiling negotiations have had no progress,” wrote Edward Moya, senior market analyst at OANDA. “Wall Street is bracing for something bad to happen, but no one has an idea on  ( 23 min )
    Nasdaq Led By AMD, Alphabet, and Amazon.com
    The Nasdaq Composite ticked 0.2% higher midday Tuesday, while the Dow and S&P 500 stayed in the red. Several tech stocks were bolstering that lift, including Advanced Micro Devices (ticker: AMD), up 4.6%, Alphabet (GOOGL, GOOG), gaining 2.8% and 2.6%, respectively, Amazon.com  ( 22 min )
    FTC sues to block Amgen's $28B acquisition of Horizon Therapeutics
    FTC is suing Amgen to block its potential $28B acquisition of Horizon Therapeutics  ( 40 min )
    CEO of Failed Silicon Valley Bank Accused of Claiming 'The Dog Ate My Homework'
    Silicon Valley Bank's former CEO is getting pushback from lawmakers about his explanation for why the bank failed in March. Here's what Senate Banking Committee Chairman Sherrod Brown (D., Ohio) said to Greg Becker: "Mr. Becker, [your version of events](https://www.banking.senate.gov/imo/media/d  ( 25 min )
    Warren Buffett buys another $127 million worth of Occidental Petroleum stock
    Investor Warren Buffett's company bought another $127 million worth of Occidental Petroleum stock over the past week to give Berkshire Hathaway 213.9 million shares of the oil producer. Berkshire's latest filing with the Securities and Exchange Commission late Monday showed that it had bought another 2.2 million Occidental shares. Buffett's Omaha, Nebraska-based conglomerate controls 23.8% of Occidental's stock and holds warrants to buy another 83.9 million shares for $59.62 apiece, but the billionaire recently told shareholders that he has no plans to buy the entire company.  ( 39 min )
    Cutthroat Oil Competition Threatens US Quest to Refill Strategic Reserves
    (Bloomberg) -- Stiff global competition for sour crude oil is threatening to complicate the Biden administration’s plan to buy up to 3 million barrels to refill the depleted US Strategic Petroleum Reserve.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffGoogle Billionaire Sergey Brin Gifts $600 Million in Surging S  ( 38 min )
    Is Palantir Stock A Buy On Its Artificial Intelligence Prospects In May 2023?
    No content preview
    Verizon Cuts Number of Unlimited Data Plans It Offers From Six to Two
    The wireless carrier’s new consumer boss is looking to reduce the “paradox of choice” and curb subscriber losses.  ( 25 min )
    FTC Poised to Block Amgen’s $27.8 Billion Deal for Horizon Therapeutics
    The FTC is preparing to seek an injunction in federal court that would prevent the deal from closing.  ( 26 min )
    Alphabet Adds $115 Billion in Value After Defying AI Doubters
    (Bloomberg) -- Alphabet Inc. is back in the game. The artificial intelligence game, that is.Most Read from BloombergMichael Burry Doubles Alibaba Stake in Big Bet on China TechA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubShares in the Google-owner had lagged behind other mega  ( 41 min )
    U.S. charges Apple ex-employee for trying to steal technology, fleeing to China
    The Justice Department plans on Tuesday to announce the first enforcement actions from its "disruptive technology" strike force, the U.S. Attorney's Office in Manhattan said on Twitter. Deputy Attorney General Lisa Monaco said in February that the new task force was a joint effort between her department and the U.S. Commerce Department, to safeguard American technology from foreign adversaries and other national security threats.  ( 37 min )
    Tesla’s Shareholders Meeting Is Here. 4 Things That Could Move the Stock.
    Tesla's 2023 annual meeting of shareholders starts Tuesday at 4 p.m. Eastern time. Investors can watch it on the web.  ( 22 min )
    Billionaire Steve Cohen Snaps Up These 2 ‘Strong Buy’ Stocks — Here’s Why You Might Want to Ride His Coattails
    With the macro backdrop currently a combination of debt ceiling negotiations, data pointing to cooling economic activity amidst expectations of a recession, investors could benefit from a guiding hand to block out the background noise and point toward the equities primed to gain from here. One way to keep ahead of the game is by riding the coattails of Wall Street investing legends. Ones such as Steve Cohen. Using a high-risk/high-reward strategy, the billionaire Chairman and CEO of global asset  ( 42 min )
    The Rich Pass Down Wealth Using This (& So Can You)
    A second-to-die policy is designed for couples who want to share a life insurance policy with specific beneficiaries, such as children and grandchildren. The life insurance company will only make a payout to the beneficiaries after the last survivor passes … Continue reading → The post Second-to-Die Insurance Policy Definition appeared first on SmartAsset Blog.  ( 40 min )
    I'm 50. Do I Have Enough Money to Have in My 401(k) Right Now?
    Most Americans have less in their retirement accounts than they'd like, and much less than the rules say they should have. So, obviously, if that describes you then you're not alone. Now, most financial advisors recommend that you have between five … Continue reading → The post How Much Should I Have in My 401(k) at 50? appeared first on SmartAsset Blog.  ( 42 min )
    You Can Get This Much Monthly Off a $200,000 Annuity
    An annuity can be an appealing option to build your retirement nest egg. Adding guaranteed retirement income to your retirement can give you financial stability. But the exact amount that you'll get from an annuity each month will vary. Let's … Continue reading → The post How Much Does a $200,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 40 min )
    How Much Retirement Income Can I Make Before It Triggers Taxes?
    Depending on your age, if your income is below a certain threshold, you may not have to pay taxes. Here's what you need to know.  ( 40 min )
    Baidu Stock Rises After Solid Earnings. It Wasn’t AI That Drove the Beat.
    Baidu's first-quarter earnings and revenue beat analysts' expectations, as advertising growth was ahead of Wall Street forecasts.  ( 22 min )
    Magellan Midstream Holders Face Big Tax Hit From Oneok Deal
    People with units of the pipeline operator will be fully taxed on the entire cash-and-stock deal, so much of their gains will go to Uncle Sam.  ( 25 min )
    Tesla’s Shareholders Meeting Is Here. 4 Things That Could Move the Stock.
    Tesla's 2023 annual meeting of shareholders starts Tuesday at 4 p.m. Eastern time. Investors can watch it on the web.  ( 22 min )
    Horizon Therapeutics Stock Plunges on Reports FTC Will Sue to Block Amgen Deal
    Amgen reached an agreement to buy Horizon for $27.8 billion in December last year, and at the time said it expected the deal to be completed in the first half of 2023.  ( 23 min )
    Why Warren Buffett is probably still buying the stock of a tech legend
    Buffett stays keen on tech titan HP.  ( 40 min )
    The investor of Big Short fame is making a huge bet on Chinese tech stocks
    Short seller Michael Burry is playing the long game in China’s tech sector.  ( 39 min )
    Southeast Asia Internet Firm Sea Limited Sinks After Missing Quarterly Targets
    No content preview
    These Stocks Are Moving the Most Today: Home Depot, Capital One, Horizon Therapeutics, Baidu, and More
    Home Depot shares slump after the home-improvement giant cuts fiscal-year guidance, Baidu's profit tops estimates, and Berkshire Hathaway initiates a position in Capital One Financial.  ( 23 min )
    8 Stocks Wowed With 50% Profit Growth — Analysts Expect A Repeat
    No content preview
    Peloton’s former CFO reflects on what she learned from the company’s rapid rise and fall, and her new role at data-driven startup Alation
    Jill Woodworth’s first role as a finance chief was at Peloton.  ( 41 min )
    Analyst Report: EOG Resources, Inc.
    No content preview
    Daily Spotlight: Variety of Yield Options in Global Rate Arena
    No content preview
    Technical Assessment: Bearish in the Intermediate-Term
    No content preview
    It’s a Big Day for the Debt Ceiling and Banks. Brace for Uncertainty.
    Ex-Silicon Valley and Signature Bank execs face Senate panel, Wells Fargo to pay $1 billion to settle lawsuit, Federal Reserve officials see rates remaining high in 2023, and other news to start your day.  ( 23 min )
    Market Digest: CP, ENB, CAH, EOG, RCL, HUBS
    No content preview
    Tesla succession planning, demand in focus ahead of shareholder meeting
    Tesla Inc CEO Elon Musk will be under pressure to address investor concerns about the lack of a clear successor, softening demand and delays of some new models when he speaks at the electric-car maker's annual shareholder meeting on Tuesday. The billionaire entrepreneur, also the top boss of Twitter, last week announced that NBCUniversal's former advertising head Linda Yaccarino will succeed him as Twitter CEO and that he will focus on products and technology at the social media firm. Musk said the move would allow him to devote more time to the electric carmaker, but his commitments to other ventures such as a new AI startup remain a worry.  ( 40 min )
    Home Depot’s Earnings Beat Estimates. Why the Stock Is Dropping.
    The home-improvement retailer cuts its fiscal-year sales and earnings guidance, citing weather, softening demand, and other factors.  ( 22 min )
    Daily – Vickers Top Buyers & Sellers for 05/16/2023
    No content preview
    Daily – Vickers Top Insider Picks for 05/16/2023
    No content preview
    Baidu Stock Rises. It Topped Earnings Expectations.
    Baidu's first-quarter earnings and revenue beat analysts' expectations, as it focuses on artificial-intelligence technology.  ( 22 min )
    Futu, Tiger to Remove China Trading Apps as Regulatory Pressure Mounts
    The online brokerages earlier agreed to stop accepting new customers from mainland China.  ( 27 min )
    Swedish Real Estate Selloff Prompts Broker Upgrades to Buy
    (Bloomberg) -- Analysts are upgrading Swedish real estate stocks after recent selloffs have made them too cheap to ignore and as recent measures to shore up highly-leveraged balance sheets have improved some of their outlooks.Most Read from BloombergMichael Burry Doubles Alibaba Stake in Big Bet on China TechA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of Vi  ( 39 min )
    Baidu’s Revenue Beats After China Recovery Fuels Advertising
    (Bloomberg) -- Baidu Inc.’s revenue rose a stronger-than-expected 10% after its advertising and cloud businesses benefited from China’s post-pandemic reopening.Most Read from BloombergMichael Burry Doubles Alibaba Stake in Big Bet on China TechA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryChicago’s Empty Office Towers Threaten Its Future as a Major  ( 40 min )
    China’s Demand for Oil Hits Record as IEA Raises Global Forecasts
    The outlook highlights widening divide between booming demand in the developing world and lackluster requirements in Europe and North America, the International Energy Agency said.  ( 26 min )
    Vodafone announces 11,000 job cuts as new boss lambasts performance
    Vodafone plans to axe 11,000 jobs after new chief executive Margherita Della Valle admitted the struggling telecoms giant's performance was "not good enough".  ( 38 min )
    Stocks to Watch Tuesday: Capital One, Horizon Therapeutics, Home Depot
    ↗️ Capital One (COF): The bank’s stock surged over 5% in premarket trading on the news that [Warren Buffett’s Berkshire Hathaway opened a new position](https://www.wsj.com/articles/berkshire-hathaway-opens-new-position-in-capital-one-exits-bny-me  ( 18 min )
    Coinbase Initiated at Hold, Likely To Face Enforcement Action From SEC: Berenberg
    Executing a successful pivot away from the U.S. would be a tall order for the crypto exchange, Berenberg said.  ( 39 min )
    Wells Fargo reaches $1 billion shareholder settlement over recovery from scandals
    Wells Fargo & Co has agreed to pay $1 billion to settle a lawsuit accusing it of defrauding shareholders about its progress in recovering from a series of scandals over its treatment of customers. Wells Fargo has operated since 2018 under consent orders from the Federal Reserve and two other financial regulators requiring that it improve governance and oversight. The fourth-largest U.S. bank is also subject to an asset cap by the Fed, which can impede its ability to compete with larger rivals JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc.  ( 39 min )
    These are the top 10 holdings of the Mormon Church's $46 billion stock portfolio
    No content preview
    Wells Fargo Agrees to Pay Shareholders $1 Billion to Settle Class-Action Suit
    Shareholders claimed the bank and its past leadership were moving slower to address regulatory issues than they acknowledged publicly.  ( 27 min )
    Michael Burry Doubles Alibaba Stake in Big Bet on China Tech
    (Bloomberg) -- Michael Burry, the money manager made famous in The Big Short, now has a Big Long when it comes to China. He boosted his bullish bets on e-commerce giants JD.com Inc. and Alibaba Group Holding Ltd. big time, even as other hedge funds cooled on the nation’s reopening trades. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapCh  ( 40 min )
    Berkshire Holds $12 Billion of Occidental Stock After Fresh Buys
    The conglomerate led by Warren Buffett bought about $130 million of Occidental stock in recent days.  ( 23 min )
    Elon Musk Fires Back at Subpoena in Epstein Case, Calling It 'Idiotic'
    (Bloomberg) -- Elon Musk was issued a subpoena by the US Virgin Islands in its lawsuit accusing JPMorgan Chase & Co. of knowingly benefiting from Jeffrey Epstein’s sex-trafficking.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubMicrosoft’s $69 Billion Activision Dea  ( 39 min )
    'Big Short' investor Michael Burry piled into First Republic, PacWest, and other ailing bank stocks last quarter
    "The Big Short" investor Michael Burry bought First Republic, PacWest, and other bank stocks last quarter, likely capitalizing on a brutal sell-off.  ( 40 min )
    Oil gains on US plans to refill reserves, supply concerns
    Oil prices rose for a second day early on Tuesday, as U.S. plans to purchase oil for the Strategic Petroleum Reserve (SPR) lent support while raging wildfires in Canada fuelled supply worries. The U.S. Department of Energy said on Monday it would buy 3 million barrels of crude oil for the SPR for delivery in August, and asked that offers be submitted by May 31. Oil prices on Tuesday, however, drew support from supply worries stemming from wildfires in Canada.  ( 39 min )
    Michael Burry Doubles Alibaba Stake in Big Bet on China Tech
    (Bloomberg) -- Michael Burry, the money manager made famous in The Big Short, now has a Big Long when it comes to China. He boosted his bullish bets on e-commerce giants JD.com Inc. and Alibaba Group Holding Ltd. big time, even as other hedge funds cooled on the nation’s reopening trades. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapMi  ( 40 min )
    Here are 3 'creative' options the Treasury has if lawmakers can't reach a deal to raise the debt ceiling
    No content preview
  • Open

    Weer minder bouwvergunningen, kleinste aantal sinds 2016
    In de eerste drie maanden van dit jaar zijn 12.800 vergunningen afgegeven voor nieuwbouw. Dat is 28 procent minder dan een jaar eerder en is het kleinste aantal sinds het tweede kwartaal van 2016.  ( 3 min )
    Geen paniek nodig over krimpende economie: 'We schakelen een tandje terug'
    De Nederlandse economie is in het eerste kwartaal van dit jaar sterk gekrompen. De dip van maar liefst 0,7 procent is redelijk uitzonderlijk. De laatste keer dat onze economie in zo'n neergang terechtkwam, was tijdens de financiële crisis in 2012. Maar is dat reden voor paniek?  ( 5 min )
    Geen paniek nodig over krimp economie: 'We schakelen een tandje terug'
    De Nederlandse economie is in het eerste kwartaal van dit jaar sterk gekrompen. De dip van maar liefst 0,7 procent is redelijk uitzonderlijk. De laatste keer dat onze economie in zo'n neergang terechtkwam, was tijdens de financiële crisis in 2012. Maar is dat reden voor paniek?  ( 5 min )
    Tegenvallende economische groei geen reden tot paniek
    De Nederlandse economie is in het eerste kwartaal van dit jaar sterk gekrompen. De dip van maar liefst 0,7 procent is redelijk uitzonderlijk. De laatste keer dat onze economie in zo'n neergang terechtkwam, was tijdens de financiële crisis in 2012. Maar is dat reden voor paniek?  ( 5 min )
    Ggz-personeel krijgt flinke extra loonsverhoging vanwege inflatie
    Er was al een cao-loonsverhoging van twee keer 2 procent voor personeel in geestelijke gezondheidszorgcentra, maar nu krijgen ze er nog eens een inflatiecompensatie bij. Volgens vakbond FNV komt er nog eens 10 procent extra loon bij.  ( 3 min )
    Korte huurcontracten voor studentenwoningen verleden tijd
    Wie een woning of kamer verhuurt aan studenten mag straks geen kortlopend contract meer aanbieden van bijvoorbeeld een of twee jaar. Zulke contracten blijven wel mogelijk voor bijvoorbeeld buitenlandse studenten die een jaar in Nederland komen studeren.  ( 3 min )
    Meerjarige energiecontracten zijn terug van weggeweest
    Bij steeds meer energieleveranciers kun je weer meerjarige energiecontracten afsluiten. Maandag liet Vattenfall weten weer driejarige contracten aan te bieden. Dinsdag volgden Budget Energie en Eneco dit voorbeeld.  ( 3 min )
    Personeelstekort niet zomaar verdwenen: effect vergrijzing komt er nog aan
    Het personeelstekort blijft groot, zelfs nu het economisch minder gaat. Zijn er echt te weinig mensen beschikbaar? En waar moeten we dan extra handen vandaan halen? Vijf vragen over de aanhoudende krapte op de arbeidsmarkt.  ( 7 min )
    Omstreden zakenman Sanderink moet ex miljoenen aan dwangsommen betalen
    De omstreden multimiljonair Gerard Sanderink, die is geschorst als topman van Strukton en Centric, moet miljoenen aan dwangsommen betalen aan zijn ex-vriendin. Sanderink beschuldigt haar al jaren van fraude en diefstal, zonder bewijs daarvoor te leveren. Daarom moet hij haar nu in totaal 4,6 miljoen euro betalen.  ( 4 min )
    Overheid draait op voor ontmanteling van kerncentrale in Dodewaard
    De overheid wil alle aandelen van de eigenaren van de kerncentrale in Dodewaard overnemen. Dat heeft het kabinet laten weten aan de Tweede Kamer. De centrale ligt al sinds 1997 stil.  ( 3 min )
    Transavia schrapt ook in juni vakantievluchten
    Transavia schrapt nog eens zo'n 160 retourvluchten in de maand juni. Dat doet de luchtvaartmaatschappij vanwege een tekort aan vliegtuigen. Duizenden passagiers zijn hiervan de dupe, maar ze worden wel gecompenseerd.  ( 3 min )
    Nederlandse economie krimpt onverwacht met 0,7 procent in eerste kwartaal
    De Nederlandse economie is in de eerste drie maanden van dit jaar met 0,7 procent gekrompen ten opzichte van het kwartaal daarvoor. Daarmee doen we het slechter dan onze buurlanden, waar de economie groeit of op hetzelfde niveau blijft. In de laatste drie maanden van vorig jaar was er nog sprake van een groei van 0,4 procent.  ( 5 min )
    WhatsApp komt met pottenkijkersbeveiliging voor pikante chats
    Berichtendienst WhatsApp komt met een update waarmee je berichtjes van je geheime liefde of chats met pikante foto's kunt beveiligen. Die gesprekken kunnen alleen ontgrendeld worden met een wachtwoord, gezichtsherkenning of een vingerafdruk.  ( 3 min )
    3M moet Belgisch gezin schadevergoeding betalen vanwege PFAS-vervuiling
    Chemiebedrijf 3M moet omwonenden van de vestiging in het Belgische Zwijndrecht een schadevergoeding van 2.000 euro betalen. Leden van een gezin bleken te veel vervuilende PFAS in hun bloed te hebben en volgens de rechter is dat de schuld van de fabriek.  ( 4 min )
    Merendeel slaapapneuapparaten volgens Philips wel degelijk veilig
    Het overgrote deel van de slaapapneuapparaten die Philips wereldwijd heeft teruggeroepen, is wel degelijk veilig. Dat concludeert het concern op basis van uitgebreid onderzoek.  ( 3 min )
    Misstanden bij maaltijd- en flitsbezorging: personeel vaak te jong en onderbetaald
    Veel bedrijven in de maaltijd- en flitsbezorging hebben hun zaken niet op orde. Het personeel wordt onderbetaald en er lopen bezorgers rond die te jong zijn om het werk te mogen doen. Ook is de werksituatie vaak onveilig, concludeerde de Arbeidsinspectie tijdens een grote controle bij deze bedrijven.  ( 3 min )
    Tekort aan personeel blijft enorm groot
    Veel bedrijven staan te springen om nieuw personeel. Het aantal openstaande vacatures blijft enorm en dat betekent dat de krapte op de arbeidsmarkt nog steeds erg groot is. Vooral in de handel, zakelijke dienstverlening en de zorg zijn veel mensen nodig.  ( 3 min )
    Tienduizenden open vacatures: tekort aan personeel blijft onverminderd groot
    Veel bedrijven staan te springen om nieuw personeel. Het aantal openstaande vacatures blijft groot en dat betekent dat de krapte op de arbeidsmarkt nog steeds erg groot is. Vooral in de handel, zakelijke dienstverlening en de zorg zijn veel mensen nodig.  ( 3 min )
  • Open

    Markets Fall on Home Depot Warning, Debt Talks
    U.S. equities fell on Tuesday, May 16, 2023 as Home Depot’s revenue warning raised concerns about economic growth, and as President Biden met with congressional leaders on the debt ceiling to avoid a government default.  ( 1 min )
    Dow Jones Today: Index Slumps on Retail Sales
    The Dow Jones Industrial Average fell 1%, or 336 points, on a day of disappointing earnings and macroeconomic reports. Nike lost the most, while Microsoft led a small pack of gainers.  ( 1 min )
    Top Industrial Stocks for May 2023
    ZIM Integrated Shipping Services, Sun Country Airlines, and Evolv Technologies lead for value, growth, and momentum, respectively.  ( 1 min )
    5 Things to Know Before Markets Open
    Negotiations on the debt ceiling continue and consumer spending is expected to move higher after two months of declines. Here’s what investors need to know today.  ( 1 min )
  • Open

    Qualified Mortgage: What it Is, How it Works
    A qualified mortgage is a mortgage that meets certain requirements for lender protection and secondary market trading under the Dodd-Frank Wall Street Reform and Consumer Protection Act that was passed in 2010.  ( 21 min )
    Dow Jones Today: Index Falls on Retail Sales Slump
    The Dow Jones Industrial Average fell 1%, or 336 points, on a day of disappointing earnings and macroeconomic reports. Nike lost the most, while Microsoft led a small pack of gainers.  ( 17 min )
    What's the Most You Can Borrow With a Home Equity Loan?
    You can borrow up to 85% of the equity you own via a home equity loan. In this guide, we'll show you how to calculate your maximum amount.  ( 22 min )
    Markets Fall on Home Depot Warning, Debt Talks
    U.S. equities fell on Tuesday, May 16, 2023 as Home Depot’s revenue warning raised concerns about economic growth, and as President Biden met with congressional leaders on the debt ceiling to avoid a government default.  ( 17 min )
    Timeline: Wells Fargo's Biggest Legal Settlements
    Wells Fargo agreed to pay shareholders $1 billion in damages to settle a class-action lawsuit filed against it, stemming from a fake accounts scandal that surfaced in 2016.  ( 19 min )
    Tips for Breaking the Ice With New Clients
    Keeping new clients engaged is a challenge for financial advisors. Here are some ways to get clients to open up about their financial goals.  ( 26 min )
    Record Low Share of Americans Think Now Is Good Time to Buy a Home
    Just 21% of Americans polled by Gallup think now is a good time to purchase a home, an all-time low.  ( 17 min )
    Polls Show Most Women Say They Aren’t Financially Secure
    Two polls find a majority of women say they aren't financially secure, and they worry about saving for retirement.  ( 17 min )
    American Recovery and Reinvestment Act (ARRA): Objectives and FAQ
    The American Recovery and Reinvestment Act of 2009 (ARRA) was a law passed by the U.S. Congress in response to the Great Recession of 2008.  ( 25 min )
    What Is a Home Mortgage? Definition, Qualification, and Types
    A home mortgage is a loan given by a bank, mortgage company, or other financial institution for the purchase of a primary or investment residence.  ( 26 min )
    Cover the Spread
    A point spread is given by a sportsbook that determines by how many points the favorite is expected to win the game over the underdog team.  ( 23 min )
    Top CD Rates Today, May 16
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Debt Avalanche vs. Debt Snowball: What's the Difference?
    The debt avalanche method pays off the high-interest debt first, and the debt snowball method focuses on paying off the smallest debt first. Learn about other differences.  ( 23 min )
    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
    Home Depot shares fell Tuesday morning after the largest U.S. home improvement retailer had its biggest quarterly sales miss in more than two decades, and cut its full-year guidance. The company has been impacted by a slowdown in demand following the boom in home renovation during the COVID-19 lockdowns.  ( 18 min )
    EU Member States Accept World's First Sweeping Crypto Rules
    European Union member states provided the final stamp of approval for continental rules governing cryptocurrencies, known as Markets in Crypto-Assets.  ( 17 min )
    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
    Home Depot shares are down after the largest U.S. home improvement retailer had its biggest quarterly sales miss in more than two decades, and cut its full-year guidance. The company has been impacted by a slowdown in demand following the boom in home renovation during the COVID-19 lockdowns.  ( 18 min )
    Is Dividend Income Taxable?
    Understand the laws and regulations regarding taxation of dividends, and know the rates at which dividend income is taxed for most investors.  ( 22 min )
    Who Crashed the Banks? Lawmakers Find Plenty of Suspects
    Who’s to blame for the banking crisis? Maybe an easier question to answer is: who isn’t?  ( 18 min )
    Overcontribution Definition
    Overcontribution refers to any voluntary savings in a tax-deductible retirement plan that exceeds the maximum allowed contribution in a given period.  ( 22 min )
    What Are the Pros and Cons of Online Checking Accounts?
    An online checking account can save you time and money, but understand the drawbacks before signing up to make the switch.  ( 21 min )
    Split Payroll Definition
    Split payroll is a method of paying employees who are on international assignments in which pay is divided between local and home-country currencies.  ( 19 min )
    OpenAI CEO Tells Congress AI May Need Regulating
    ChatGPT executive Sam Altman told Congress Tuesday that licensing could be a way to help ensure that more power artificial intelligence models adhere to safety rules.  ( 17 min )
    Huntington Bank CD Rates: May 2023
    Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 19 min )
    FTC Sues to Block Amgen’s Acquisition of Horizon Therapeutics
    The Federal Trade Commission is suing to block Amgen Inc.'s $28 billion acquisition of Horizon Therapeutics to prevent a monopoly in the market for d.rugs that treat critical ailments  ( 16 min )
    Capital One Savings Account Interest Rates: May 2023
    Capital One savings account interest rates are higher than average, and the bank doesn’t charge monthly maintenance fees or have a minimum deposit requirement.  ( 19 min )
    Fidelity CD Rates: May 2023
    Certificates of deposit (CDs) can be a great financial tool to get a guaranteed return on your investment. Compare Fidelity CD rates and see if they are right for you.  ( 19 min )
    U.S. Bank CD Rates: May 2023
    U.S. Bank CD rates are relatively high if you can meet a higher deposit requirement, but some options are unappealing. Existing customers can get personalized rates.  ( 19 min )
    How Are Nonqualified Variable Annuities Taxed?
    A nonqualified variable annuity allows you to defer taxes on your investment gains but doesn’t entitle you to a tax deduction as a qualified plan does.  ( 25 min )
    PenFed CD Rates: May 2023
    Certificates of deposit (CDs) can be a great method to save money for the future. Learn about PenFed CD rates, and see if they’re a good fit for your finances.  ( 21 min )
    Average CD Rates Rise Again, But Is the Party Almost Over?
    Most national average rates climbed in April, but signs of a pullback are appearing and Federal Reserve actions indicate rates may flatten or decline in coming months.  ( 19 min )
    Understanding Mortgage Closing Costs
    Before you get those house keys, you’ll go to the closing table to sign loan documents and paperwork that transfers homeownership from the seller to you. That process often results in numerous fees.  ( 30 min )
    Top Industrial Stocks for May 2023
    ZIM Integrated Shipping Services, Sun Country Airlines, and Evolv Technologies lead for value, growth, and momentum, respectively.  ( 21 min )
    Top REITs for May 2023
    Among REITs, H&R Real Estate, Two Harbors Investment, and Peakstone Realty lead for value, growth, and momentum, respectively.  ( 21 min )
    Cash-Out Refinance vs. Home Equity Loan: What's the Difference?
    Though refinancing a mortgage and taking out a home equity loan each offers a source of cash for homeowners, the similarities stop there.  ( 26 min )
    Today's Mortgage Rates & Trends - May 16, 2023: Rates Jump
    Rates rose for every mortgage type, with double-digit increases in every average. Rates on 30-year loans are again near 7%, and jumbo 30-year rates are at a 12-year high.  ( 19 min )
    Homebuilder Confidence Increased This Month
    Builder confidence for single-family homes rose five points, the fifth straight monthly increase.  ( 17 min )
    Alibaba Earnings Could Suffer from Slow Chinese Consumer Spending
    Alibaba, China's most valuable retailer, is likely to report a boost in earnings per share but slow revenue growth as China's economy stumbles out of pandemic restrictions.  ( 19 min )
    401(k) vs. IRA Contribution Limits
    401(k) and IRA contribution limits are based on your age, income, and if you (or your spouse) have a plan at work. Learn about 401(k) and IRA contribution limits.  ( 26 min )
    Certified Senior Consultant (CSC) Definition
    A Certified Senior Consultant was someone certified in key issues facing seniors, including government benefits, income streams, and long-term care.  ( 18 min )
    How to Choose the Best Mortgage for You
    Finding the right house is only half the battle. The other half is choosing the best type of mortgage. Learn how to pick a mortgage based on your needs.  ( 29 min )
    Temporary Liquidity Guarantee Program (TLGP)
    The Temporary Liquidity Guarantee Program (TLGP) was created in 2008 to stabilize the U.S. banking system during the global financial crisis.  ( 23 min )
    Failed Break: What it is, How it Works, Example
    A failed break occurs when a price moves through an identified level of support or resistance but does not have enough momentum to maintain its direction.  ( 20 min )
    Retail Sales Ticked Up in April, Even As Inflation Forced Cutbacks on Non-Essentials
    Consumers continued to make trade-offs in their April budgets but didn't stop spending, as retail sales rose 0.4% in April after two months of declines.  ( 16 min )
    Should You Refinance Your Mortgage When Interest Rates Rise?
    Refinancing is a great way for many homeowners to improve their financial situation, but you need to be aware of the downsides.  ( 27 min )
    What Affects Your Credit Score?
    Factors that can affect your credit score are your payment history, your credit mix, your credit utilization ratio and the length of your credit history.  ( 25 min )
    Tax Help After Natural Disasters
    The Internal Revenue Service (IRS) offers tax relief to people affected by natural disasters. What forms of tax help exist, and how do you qualify?  ( 23 min )
    What Is a Subprime Mortgage? Credit Scores, Interest Rates
    A subprime mortgage is normally issued to borrowers with lower credit ratings. It typically carries a higher interest rate that can increase over time.  ( 26 min )
    5 Ways Not to Use a Home Equity Line of Credit (HELOC)
    A HELOC can be worthwhile to fund home improvements, but when used to pay for other things, it can result in bad debt.  ( 27 min )
    Getting a Mortgage for Non-U.S. Citizens
    Many banks and mortgage companies offer conventional and FHA home loans to non-U.S. citizens, if they meet specific requirements.  ( 23 min )
    Refinance: What It Is, How It Works, Types, and Example
    A refinance occurs when a business or person revises the interest rate, payment schedule, and terms of a previous credit agreement.  ( 24 min )
    5 Things to Know Before Markets Open
    Negotiations on the debt ceiling continue and consumer spending is expected to move higher after two months of declines. Here’s what investors need to know today.  ( 19 min )
    Pre-Qualified vs. Pre-Approved: What’s the Difference?
    Pre-qualified and pre-approved sound the same, but mean very different things for homebuyers—and carry very different weights with home sellers.  ( 24 min )
    How Interest Rates Affect the Housing Market
    Understand how rate changes can affect home prices and learn how you can keep up.  ( 26 min )
  • Open

    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
    Home Depot shares are down after the largest U.S. home improvement retailer had its biggest quarterly sales miss in more than two decades, and cut its full-year guidance. The company has been impacted by a slowdown in demand following the boom in home renovation during the COVID-19 lockdowns.  ( 1 min )
    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
    Home Depot shares fell Tuesday morning after the largest U.S. home improvement retailer had its biggest quarterly sales miss in more than two decades, and cut its full-year guidance. The company has been impacted by a slowdown in demand following the boom in home renovation during the COVID-19 lockdowns.  ( 1 min )

  • Open

    Warren Buffett says the married couple behind the maker of Squishmallows are 'ideal Berkshire managers'
    Judd and Laura Zebersky joined Warren Buffett's empire after Berkshire Hathaway acquired their parent company last October.  ( 39 min )
    State Supreme Court overturns judge's ruling prohibiting Tesla dealership in Delaware
    Delaware’s Supreme Court on Monday overturned a judge’s ruling upholding a decision by state officials to prohibit electric vehicle maker Tesla from selling its cars directly to customers. In a ruling last year, a Superior Court judge determined that Delaware's Motor Vehicle Franchising Practices Act prohibited Tesla, as a manufacturer, from selling its electric cars directly to customers in Delaware. The Supreme Court reversed that decision and sent the case back to Superior Court, noting that the franchise act was enacted to address the disparity in bargaining power that permitted automobile manufacturers to exert economic pressure over their franchises.  ( 40 min )
    Google Billionaire Sergey Brin Gifts $600 Million in Surging Shares
    (Bloomberg) -- Google co-founder Sergey Brin gifted Alphabet Inc. shares worth roughly $600 million on Thursday during a week that saw his wealth grow by the most in over two years.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapMicrosoft’s $69 Billion Activision Deal Wins EU ApprovalRemote Work Comes With Daytime Drug and Drinking Habits  ( 39 min )
    These 2 EV Stocks Under $10 Have Over 70% Upside Potential, Says Cantor
    Electric vehicles (EVs) have been dominating headlines due to the convergence of social, cultural, and political forces driving a shift from conventional combustion-powered cars to zero-emission vehicles. This shift has sparked a surge in government programs and spending designed to quickly expand the infrastructure needed to support a growing fleet of EVs. In return, we are also seeing enormous growth in EV manufacturers. The infrastructure support is substantial. Cantor senior analyst Andres S  ( 42 min )
    Warren Buffett sells stakes in two banks, raises Bank of America bet
    The Oracle of Omaha has made it clear that he is still cautious about holding many bank stocks.  ( 40 min )
    Stan Druckenmiller, David Tepper Lead Family Offices Betting on AI
    (Bloomberg) -- Billionaire investing titans Stanley Druckenmiller and David Tepper loaded up on stocks benefiting from the artificial intelligence boom during the first quarter. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapRemote Work Comes With Daytime Drug and Drinking HabitsMicrosoft’s $69 Billion Activision Deal Wins EU ApprovalDru  ( 40 min )
    Top CD Rates Today, May 15
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Stocks moving in after-hours: Berkshire Hathaway, Capital One, Beam, Tesla
    Stocks moving in after-hours: Berkshire Hathaway, Capital One, Beam, Tesla  ( 40 min )
    Dow Jones Futures: McCarthy Says Sides Are 'Far Apart' On Debt Ceiling; AI Stock C3.ai Rockets 23%
    No content preview
    Elon Musk subpoenaed in Jeffrey Epstein litigation in U.S. Virgin Islands
    The U.S. Virgin islands subpoenaed Tesla Inc CEO Elon Musk in its litigation into the role played by JPMorgan Chase & Co in the activity of sex offender Jeffrey Epstein, according to a Monday court filing.  ( 38 min )
    Home Depot Q1 earnings preview: Here's what to expect
    Home Depot is expected to report its fiscal first quarter 2023 earnings results Tuesday before market open as consumer spending on home improvement softens compared to the pandemic boom.  ( 40 min )
    Berkshire Hathaway Opens New Position in Capital One, Exits Taiwan Semiconductor, BNY Mellon
    Berkshire Hathaway's 13F is out. Warren Buffett's company trimmed its stakes in Chevron, McKesson, Activision Blizzard, General Motors, AON, Ally Financial, Amazon.com and Celanese in the first quarter, the filing showed. Berkshire also eliminated its positions in RH, the home-furnishings compa  ( 18 min )
    Dow Jones Up As McCarthy Gives Debt Ceiling Warning; Activist Investor Targets This Growth Stock
    No content preview
    Fire protection company Kidde-Fenwal files for bankruptcy citing PFAS lawsuits
    Kidde-Fenwal Inc, a subsidiary of Carrier Global Corp that specializes in fire control systems, filed for bankruptcy on Sunday, as it buckles under the weight of lawsuits alleging that "forever chemicals" in its firefighting foam products have contaminated water sources around U.S. airports and military bases. Kidde-Fenwal filed for Chapter 11 protection in Delaware bankruptcy court. Since 2016, Kidde-Fenwal has been named as a defendant in more than 4,400 lawsuits filed by local governments, companies and individuals, claiming that aqueous film forming foam (AFFF) products contaminated drinking water and soil with perfluoroalkyl and polyfluoroalkyl substances, known as PFAS or "forever chemicals."  ( 39 min )
    Magellan Midstream Holders Face Big Tax Hit From Oneok Deal
    People with units of the pipeline operator will be fully taxed on the entire cash-and-stock deal, so much of their gains will go to Uncle Sam.  ( 22 min )
    ONEOK Buys Magellan for $18.8 Billion to Add Oil, Refined Products
    Natural gas pipeline operator ONEOK agreed to buy Magellan Midstream Partners, L.P. for $18.8 billion.  ( 17 min )
    C3.ai stock pops, company raises outlook amid 'accelerating' AI interest
    C3.ai jumps after the artificial intelligence company raised its outlook amid 'accelerating' AI interest  ( 40 min )
    Home Depot Earnings Expected To Fall For The First Time In Three Years
    No content preview
    Icahn Has Faced Many Probes But Hindenburg Claims Stand Apart
    (Bloomberg) -- Icahn Enterprise LP’s disclosure of a May 3 inquiry from federal prosecutors in New York sent the company’s shares reeling, but it’s far from the first time Carl Icahn has faced a government probe.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryRemote Work Comes With Daytime Drug and Drinking HabitsChina Jails 78-Year-Old American for Life on Spying ChargesStocks See Small Moves in Run  ( 42 min )
    Michael Burry of ‘The Big Short’ gambles on regional bank stocks
    The investor who gained fame for his short bets during the 2008 financial crisis made a number of new investments in banks during a chaotic quarter for that industry.  ( 41 min )
    'A sign of trouble?' Why more Americans are missing their debt payments.
    The delinquency transition rate for credit cards—the share of credit card debt that is 30 days or more past due— is approaching pre-pandemic levels. That's not great news.  ( 40 min )
    Seeking at Least 11% Dividend Yield? Here Are 2 Top ETFs to Consider
    You’ve probably heard the old market adage to “Sell in May and go away.” Instead, how about using this time to start considering dividend-paying ETFs? There’s no time like the present to start building a dividend portfolio that can set you up with years of passive income. Here are two big dividend ETFs that both yield over 11% that you can consider using to jumpstart your dividend portfolio. Even better, while some high-yield ETFs lure investors in with eye-popping yields but then end up providi  ( 42 min )
    UPDATE 1-Musk tells Tesla staff he must approve all hiring - the Information
    Tesla Chief Executive Elon Musk has said that the company can make no new hires unless he personally approves them, including contractors, the Information reported on Monday, citing an email to staff. According to the report, Musk told executives to send him a list of hiring requests on a weekly basis, while also cautioning them to "think carefully" before submitting such requests. Tesla did not immediately respond to a Reuters request for comment.  ( 38 min )
    Michael Burry Loaded Up on Bank Stocks in Tumultuous Quarter
    (Bloomberg) -- Famed short-seller Michael Burry took big stakes in regional banks during the first quarter, including the failed lender First Republic before it was bought up by JPMorgan Chase & Co. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryRemote Work Comes With Daytime Drug and Drinking HabitsChina Jails 78-Year-Old American for Life on Spying ChargesHis hedge fund, Scion Asset Management, sn  ( 38 min )
    Warren Buffett’s top 5 dividend paying stocks that will help him make nearly $6 billion in cash this year
    Follow Buffett’s lead to build a portfolio of dividend-paying stocks.  ( 40 min )
    Column: Here's why the debt ceiling is not only stupid — it's unconstitutional
    The debt ceiling is plainly unconstitutional and a nuclear weapon in the hands of willful children. It's time to ignore it.  ( 42 min )
    Taylor Swift showed her financial savvy when she avoided a FTX deal. She puts her money in a niche type of fund, an elite investor says.
    No content preview
    'Big Short' investor Burry bet on regional banks in first quarter
    Hedge fund manager Michael Burry, who rose to fame with his bets against the U.S. housing market before the 2008 financial crisis, added new positions in several regional banks during a tumultuous first quarter for the sector, according to securities filings released on Monday. Burry's Scion Asset Management’s positions included 150,000 shares in First Republic Bank, 250,000 shares in PacWest Bancorp, 850,000 shares in New York Community Bancorp, and 125,000 shares of Western Alliance Bancorp , filings showed. First Republic collapsed May 1, making it the largest bank failure since the 2008 financial crisis.  ( 39 min )
    SoFi CEO Anthony Noto Discloses Stock Purchases by Wife Dating Back to 2021
    The chief executive disclosed on Tuesday about $220,000 of SoFi stock purchases made by his wife Kristin Noto from August 2021 through this May.  ( 23 min )
    Analyst Report: Marathon Oil Corporation
    No content preview
    Analyst Report: Fortive Corp
    No content preview
    Market Update: MRO, FTV, LYFT
    No content preview
    Analyst Report: Lyft Inc
    No content preview
    Mega Midstream Merger Has Investors Shrugging
    Analysts expected energy company Oneok to make a big deal. They didn’t expect this one. The company on Sunday announced that it agreed to merge with Magellan Midstream Partners in a deal  ( 19 min )
    Verizon Chief Marketing Officer Diego Scotti Stepping Down After Eight Years
    Chief Strategy Officer and Executive Vice President Rima Qureshi will assume responsibility for Verizon’s marketing team on an interim basis.  ( 27 min )
    'We Don't Want To Compete With Elon': Warren Buffett Praises Tesla CEO, But These EV Companies — Including One In His Portfolio — Are Still In The Game
    Elon Musk and Warren Buffett are talented in their own right. One is a serial entrepreneur who co-founded Tesla Inc., revolutionized the electric car industry and is sending rockets into space. The other is an investing legend who has helped Berkshire Hathaway Inc. shareholders generate extraordinary returns for decades. At Berkshire’s latest annual shareholders meeting, Buffett spoke highly of the Tesla CEO. “Elon is a brilliant, brilliant guy,” Buffett said. “He dreams about things, and his dr  ( 41 min )
    Western Digital Stock Spikes on Report It Nears Flash Memory Merger With Kioxia
    Most of Western Digital flash-memory chips are produced by the company's joint venture with Japan-based Kioxia.  ( 23 min )
    3M fires long-time executive Michael Vale amid 'inappropriate personal misconduct' claims
    Michael Vale's termination went into effect May 12, according to a statement released from the company.  ( 38 min )
    3M fires company executive for inappropriate conduct weeks after promotion
    WASHINGTON (AP) — 3M has fired prominent company executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the maker of Post-it notes, industrial coatings and ceramics announced on Monday. Vale was promoted to group president and chief business and country officer just last month. Vale worked at 3M for more than 30 years, according to an April 25 press release announcing his promotion, which said he would report to Chairman and CEO Mike Roman.  ( 38 min )
    Microsoft’s $69 Billion Activision Deal Cleared by EU. Why the Deal Is in Trouble.
    Despite the signoff from European regulators, Microsoft still faces objections from the U.S. and U.K.  ( 22 min )
    Berkshire’s Stock Purchases Are Unveiled Today. Watch for News on Sales, Too.
    The Warren Buffett-led company might have been a seller of Bank of New York and U.S. Bancorp in the first quarter.  ( 23 min )
    One Theory Why Oneok is the S&P 500's Worst Performer Today
    Traders are skeptical of pipeline operator Oneok's roughly $14 billion deal to buy smaller rival Magellan and create the second-largest U.S.-based midstream company by stock-market value. Why that might be: The  ( 19 min )
    PacWest, Regional Bank Stocks Gain
    PacWest and other regional banks are starting the week with gains after selling off last week. Regional bank stocks have been volatile since the banking turmoil that erupted in March. PacWest shares hav  ( 18 min )
    Dental Insurance for Retirees Isn’t a Great Deal. Consider This Option Instead.
    Stand-alone dental insurance often has limits of $1,000 to $2,000 worth of coverage a year, meaning patients still end up paying for most of the costs on expensive procedures.  ( 34 min )
    EU approves Microsoft's deal to buy 'Call of Duty' maker
    The EU approval complicates the path forward for the tie-up weeks after regulators in the US rejected the same plan.  ( 40 min )
    Schwab Stock Gains on Upgrade. Are Its Deposit Problems Over?
    The broker's shares were upgraded to Outperform from Market Perform at Raymond James.  ( 26 min )
    ONON Stock Has Sprinted 94% In 2023. Analysts See Huge Earnings Growth For On Holding.
    No content preview
    Stellantis halts battery plant construction over dispute with Canadian govt
    Automaker Stellantis has stopped all construction at a more-than C$5 billion ($3.74 billion) electric vehicles battery manufacturing plan in Windsor, Canada over a disagreement with the federal government about subsidies, a spokesperson for the company said on Monday.  ( 38 min )
    Newmont to Buy Newcrest for $17.5 Billion. Why It May Have Struck More Than Gold.
    The takeover would cement Newmont’s position as the world’s largest producer of gold, while also increasing its exposure to copper, a metal key to the global transition to cleaner energy.  ( 26 min )
    SoFi Stock Gets a Downgrade Days After an Upgrade. Why Wall Street Is Divided.
    The financial services company could be “nearing a tipping point” on the fee income it recognizes from loan applications and sales, warning the fee income could decline significantly, Wedbush analysts said.  ( 25 min )
    H&R Block Stock and Intuit Tumble on Direct Electronic Tax Filing Proposal
    The average American spends 13 hours and $250 each year to file their taxes, the IRS says.  ( 23 min )
    Schwab Stock Gains on Upgrade. Are Its Deposit Problems Over?
    The broker's shares were upgraded to Outperform from Market Perform at Raymond James.  ( 22 min )
    C3.ai Stock Rises After Earnings. It Sees Revenue Topping Forecasts.
    The artificial-intelligence software provider forecast higher revenue and a lower operating loss in its fourth quarter than previously guided.  ( 22 min )
    Stocks waver amid debt-limit hopes: Stock market news today
    U.S. stock futures edged higher ahead of the open on Monday as investors took hope that lawmakers can reach a deal in the debt-ceiling standoff.  ( 40 min )
    Cathie Wood Sees the Value of These 2 Stocks Differently Than Goldman Sachs
    Cathie Wood has built a reputation as one willing to bet on disruptive tech and potential game-changing stocks. It’s a strategy the ARK Invest CEO has stuck to whether her choices have easily outperformed the market – as was the case during the pandemic – or badly trailed it – as happened last year. So far, this year, Wood’s flagship fund, the ARK Innovation ETF, has done rather well, showing year-to-date gains of a market-beating 24% although the ETF still remains some distance off the highs no  ( 42 min )
    Kioxia And Western Digital Fast-Track Merger Discussions, Nearing A Deal
    Kioxia Holdings Corp and Western Digital Corp (NASDAQ: WDC) accelerated merger talks have progressed towards a deal as plunging market demand and oversupply of chips weighed on the companies. Kioxia would have a 43% stake and Western Digital a 37% ownership under the deal, Reuters cites familiar sources. Combining their flash memory businesses could boost competitiveness against rivals like South Korea's Samsung Electronics Co, Ltd (OTC: SSNLF). The planned merger will also likely draw anti-trus  ( 39 min )
    Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution
    No content preview
    Ask an Advisor: I Have a ‘Solid Understanding' of Investment Strategies. So Why Should I Pay 1% to a Financial Advisor?
    Is it worth paying a financial advisor to manage retirement funds if you are confident in your own financial investment strategies? I feel like I have a solid understanding of long-term investment strategies. And as such, I feel the roughly … Continue reading → The post Ask an Advisor: I Have a ‘Solid Understanding' of Investment Strategies. So Why Should I Pay 1% to a Financial Advisor? appeared first on SmartAsset Blog.  ( 41 min )
    Oneok Stock Falls After $19 Billion Deal to Become Oil and Gas Pipeline Giant
    The merger diversifies Oneok's operations from primarily natural gas into oil and refined products.  ( 23 min )
    Do I Owe Taxes on My Passive Income?
    Most people's income comes as the direct result of work - you get a job, show up, hopefully perform decently well and then money shows up in your bank account. Some people, though, look to set up streams of passive … Continue reading → The post Passive Income: How Is It Taxed? appeared first on SmartAsset Blog.  ( 41 min )
    Why the red-hot tech trade may crumble: Morning Brief
    Is it time for tech stocks to take a breather?  ( 41 min )
    Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage?
    I am 81 years old. I have a home mortgage balance of $118,300. I also have a $110,000 rollover individual retirement account (IRA) invested with a bank. Should I withdraw the money from my investment and put the money to … Continue reading → The post Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage? appeared first on SmartAsset Blog.  ( 40 min )
    3M Fires Longtime Executive, Citing Inappropriate Personal Conduct
    Michael Vale has worked for the company for more than 30 years.  ( 24 min )
    I'm High-Net Worth. Why Do I Keep Getting Denied a Loan?
    If you're going to the bank for a loan, you might think it would be easier as a millionaire. However, when it comes to high-net-worth lending, more money can mean more problems if the individual doesn't have conventional income or … Continue reading → The post How Does High-Net-Worth Lending Work? appeared first on SmartAsset Blog.  ( 41 min )
    Dow Jones Futures Rise With Biden-McCarthy Meeting On Deck; 6 Best Stocks To Buy And Watch
    No content preview
    SoFi Gets a Downgrade Just Days After a Buy. Wall Street Is Divided on the Stock.
    The financial services company could be “nearing a tipping point” on the fee income it recognizes from loan applications and sales, warning the fee income could decline significantly, Wedbush analysts said.  ( 22 min )
    Regional Banks May Emerge as a Winner in Debt Showdown, State Street Says
    (Bloomberg) -- Trillions of dollars stowed away in short-term US Treasuries are looking anything but safe as the debt ceiling deadline edges closer. That’s prompted an ETF giant to warn that one of the year’s hottest haven trades could be about to unwind — and throw beleaguered regional banks a lifeline.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Goes to Runoff Vote as Erdogan Falls Short of 50% MarkRemote Work Comes With Daytime Drug and Drinking  ( 40 min )
    Weekly Stock List
    No content preview
    8 Stocks' Monster Profit Growth Can't Be Contained
    No content preview
    Daily Spotlight: Fed Cuts Expected in 2024
    No content preview
    Technical Assessment: Bearish in the Intermediate-Term
    No content preview
    Analyst Report: Shell Plc
    No content preview
    Analyst Report: Metlife Inc
    No content preview
    Analyst Report: National Fuel Gas Co.
    No content preview
    Analyst Report: Johnson Controls Intl pl
    No content preview
    Banks: 10 Weeks Into The Bank Wreck. Where Do We Stand? Who's At Risk?
    No content preview
    Sell in May and Go Away? Sure. Just Not These Stocks
    You’ve likely heard the Wall Street saying, Sell in May and go away. Turns out, there’s some truth to it.  ( 40 min )
    Nike Peers Rocket Up To 95% In 2023. Why Shoemakers Skechers, On Holding, Deckers Are Running Now.
    No content preview
    Gold, Oil and Gambling–Merger Monday Is Back. What This Says About Recession.
    Debt ceiling takes center stage as Biden prepares for G-7, Turkey’s Erdogan fails to clinch victory, EV start-ups forecasting disappointing targets, and other news to start your day.  ( 22 min )
    AI Spending Will Cloud Chip Slowdown
    Google, Microsoft and other big techs are slowing capital spending while also launching generative AI services that require the most expensive chips.  ( 26 min )
    US Credit Crunch Claims Seven More Firms Filing for Bankruptcy
    (Bloomberg) -- Media upstart Vice Media LLC and home security company Monitronics International Inc. were among at least seven firms filing for US Chapter 11 bankruptcy protection in the past 24 hours as companies feel the crunch from a year of interest hikes.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTurkey Poised for Vote Runoff as Erdogan Ballots Fall ShortChina Jails 78-Year-Old American for Life  ( 40 min )
    Explainer-How Wall Street is preparing for possible US debt default
    As talks over raising the U.S. government's $31.4 trillion debt ceiling intensify, Wall Street banks and asset managers have begun preparing for fallout from a potential default. The financial industry has prepared for such a crisis before, most recently in September 2021. Citigroup CEO Jane Fraser said this debate on the debt ceiling is "more worrying" than previous ones.  ( 39 min )
    NeoGames Stock Soars on $1.2 Billion Acquisition by Australia’s Aristocrat Leisure
    NeoGames stock more than doubles after the company reaches an agreement to be acquired by Australia's Aristocrat Leisure.  ( 25 min )
    IRS Weighs Creating a Government-Run Tax-Prep Option
    Companies such as TurboTax are leaning on lawmakers to fight a change.  ( 26 min )
    These Stocks Are Moving the Most Today: Newmont, Oneok, Magellan Midstream, NeoGames, and More
    Newmont reaches a deal to acquire Australian gold and copper miner Newcrest Mining for $17.5 billion, while Oneok will be buying Magellan Midstream Partners in a cash-and-stock deal with a value of about $18.8 billion including debt.  ( 23 min )
    Turkey’s Markets Drop as Bets for Erdogan Exit Unravel
    (Bloomberg) -- Traders were bracing for more volatility in the Turkish lira as early vote tallies in the presidential election appeared headed to a runoff in two weeks, adding more pressure on the tightly-controlled currency. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpJeffrey Epstein Keeps Haunting Wall Street Long After Hi  ( 40 min )
    Oneok Stock Falls After $19 Billion Deal to Become Oil and Gas Pipeline Giant
    The merger diversifies Oneok's operations from primarily natural gas into oil and refined products.  ( 23 min )
    These Stocks Are Moving the Most Today: Newmont, Oneok, Magellan Midstream, NeoGames, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 23 min )
    China opens channel giving investors access to $3 trillion swaps market
    (Bloomberg) -- Global investors seeking to trade China’s reopening will have a new strategic tool from Monday: onshore interest-rate swaps that had an annual turnover of $3 trillion last year.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpJeffrey Epstein Keeps Haunting Wall Street Long After His DeathThe so-called Swap Connect  ( 40 min )
    U.S. Stock Futures March Higher With Debt-Ceiling Talks in Focus
    Stock futures advanced to start a new week of trading, with developments on the looming U.S. debt ceiling in focus alongside a trickle of economic data and remarks from central bank officials due in the coming days. Futures for the Dow Jones Industrial Average rose 140 points, or 0.4%, after the in  ( 30 min )
    Newmont to Buy Newcrest for $17.5 Billion. Why It May Have Struck More Than Gold.
    The takeover would cement Newmont’s position as the world’s largest producer of gold, while also increasing its exposure to copper, a metal key to the global transition to cleaner energy.  ( 23 min )
    Morgan Stanley’s Wilson expects debt ceiling debate to trigger sharp stock swings
    (Bloomberg) -- Morgan Stanley’s Michael Wilson — among the most bearish voices on Wall Street — expects the debate around raising the US government’s $31.4 trillion borrowing limit to trigger some sharp swings in equity markets.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsSea’s Path to Profit Paved With Layoffs, Single-Ply Toilet PaperJeffrey Epstein Keeps Haunting Wall Street Long After His DeathMost  ( 39 min )
    BAT names finance director Marroco as CEO as Bowles bows out
    British American Tobacco appointed finance director Tadeu Marroco as CEO on Monday, succeeding Jack Bowles who is stepping down after about four years. Marroco has been with the tobacco firm since 1992 and was appointed to the board in 2019. Director Javed Iqbal will be interim finance director while the group looks for a permanent replacement for Marroco, the company said.  ( 37 min )
    Vice Files for Chapter 11 in Shift of Fortune for Media Upstart
    (Bloomberg) -- Vice Media LLC filed for bankruptcy protection, punctuating a relatively rapid decline for the media upstart that once boasted a $5.7 billion valuation.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpJeffrey Epstein Keeps Haunting Wall Street Long After His DeathThe Brooklyn-based company listed both assets and li  ( 38 min )
    Exclusive-Kioxia, Western Digital speed up merger talks as memory chip demand slumps -sources
    Kioxia Holdings Corp and Western Digital Corp are speeding up merger talks and nailing down a deal structure, two sources with direct knowledge of the matter said, as a slumping flash memory market puts fresh consolidation pressure on the world's No. 2 and No. 4 players. Japan's Kioxia and U.S. chipmaker Western Digital have been hit hard by plunging market demand and oversupply. Combining their flash memory businesses could boost competitiveness against rivals like South Korea's Samsung Electronics.  ( 40 min )
    In the Market: Why US regional banks are doomed to a doom loop
    Banking regulators have been pushed by market volatility in recent weeks into doing things that they haven't really wanted to do, like letting the largest U.S. bank get even bigger. Take the case of the Federal Deposit Insurance Corp (FDIC), one of the main banking regulators. In a December 2021 statement, Chairman Martin Gruenberg said the sale of some troubled banks to the likes of JPMorgan Chase & Co during the financial crisis of 2008 had arguably "increased long-term financial stability risk."  ( 39 min )
    Another China Defaulter Gets Liquidation Order as Pressure Grows
    (Bloomberg) -- Pressure is mounting for China’s dollar bond defaulters to present disgruntled creditors concrete restructuring plans, as another firm that has failed to do so now faces court-ordered liquidation.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsJeffrey Epstein Keeps Haunting Wall Street Long After His DeathTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpDangdai  ( 38 min )
    Stock market today: Asian markets, oil lower as recession fears, debt ceiling darken outlook
    Asian shares were mostly lower Monday, dogged by persisting worries over a possible recession and the risk of a default on the U.S. national debt. U.S. futures and oil prices also fell. This week will bring major updates on the Chinese and Japanese economies.  ( 41 min )
    Bitcoin, Ether edge higher; Litecoin leads gainers; investors weigh impact of US debt crisis
    Bitcoin prices rose on Monday morning in Asia to above US$27,000. Ether managed to rise above the US$1,800 support level as Litecoin leads gainers.  ( 39 min )
    $14 Billion Deal to Create Mega-Pipeline Company
    The major energy deal will combine Oneok and Magellan, forming the second-largest U.S.-based pipeline company by stock-market value.  ( 26 min )
    US Equity Futures Fall as Baht Gains With Rand: Markets Wrap
    (Bloomberg) -- US stock futures declined and the dollar traded in tight ranges versus major peers as investors weighed signs of progress in talks to avert a debt default and persistent inflationary pressure. Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpMuch of the act  ( 40 min )
    Oil falls as economic concerns offset prospect of tighter supplies
    Oil prices slipped on Monday as concerns about fuel demand at top global oil consumers U.S. and China offset optimism about tightening supplies from any OPEC+ cuts and a resumption in U.S. buying for reserves. Brent crude futures fell 43 cents, or 0.6%, to $73.74 a barrel by 0130 GMT while U.S. West Texas Intermediate crude was at $69.67 a barrel, down 37 cents, or 0.5%. "Oil prices are still under pressure on sluggish demand outlooks as China’s economic reopening progress seems bumpy," CMC Markets analyst Tina Teng said, adding that the U.S. banking rout has also caused market jitters.  ( 39 min )
    Oil Drops for a Fourth Day as Concerns Over Demand Persist
    (Bloomberg) -- Oil held a fourth weekly loss as concerns over the US economy and China’s slower-than-expected recovery weighed on the outlook.Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpWest Texas Intermediate futures traded near $70 a barrel after the longest run of  ( 39 min )
    China holds rates, adds more liquidity as recovery struggles
    China's central bank rolled over maturing medium-term policy loans while keeping interest rates unchanged on Monday, matching market expectations. The People's Bank of China (PBOC) said it was keeping the rate on 125 billion yuan ($18.08 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged at 2.75% from the previous operation. In a Reuters poll of 30 market watchers conducted last week, 26 participants, or 86.7%, predicted no change to the MLF rate, while four respondents expected a marginal rate cut.  ( 37 min )
    Oneok to buy Magellan Midstream in $19bn US pipeline deal
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Debt-Limit Default Risk Is Higher Than Ever. How Can You Safeguard Your Wealth?
    (Bloomberg) -- The risk of a US debt default is greater than it’s ever been, threatening to tip global markets into a brand-new world of pain. For investors, there are few places to hide other than the oldest hedge in the book: gold.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier  ( 41 min )
  • Open

    Warren Buffett Buys Capital One, Dumps BNY Mellon
    Warren Buffett's Berkshire Hathaway shook up its bank holdings last quarter, adding Capital One and exiting positions in two other major lenders amid banking sector turmoil.  ( 16 min )
    Personal Loan Rates & Trends, Week of May 15: Rates Continue Slide
    Personal loan rates dropped again for a third week in a row, lowering the overall average by 28 basis points.  ( 17 min )
    How Do Credit Bureaus Make Money?
    Credit bureaus make money by acting as information brokers for consumer credit histories, selling their services to banks, mortgage lenders, retailers, and more.  ( 22 min )
    Dow Jones Today: Index Inches Up Before Debt Ceiling Talks
    Intel rebounds from a last week’s fall, while Verizon’s 2% drop is the worst of the Dow  ( 17 min )
    Top CD Rates Today, May 15
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Judgment: What it is, How it Works, Examples and FAQ
    A judgment is a court decision adjudicating a dispute between two parties by determining the rights of each party. Read how monetary judgments work.  ( 24 min )
    How Do Governments Fight Inflation?
    There are many methods used by the government to control inflation; one popular method is contractionary monetary policy.  ( 26 min )
    Markets Make Gains on Debt Ceiling Talks, Data Ahead
    U.S. equities made small advances on Monday, May 15, 2023 on optimism about the debt ceiling negotiations, and new economic data coming this week  ( 16 min )
    How To Talk With Your Clients About ESG Investing
    Environmental, social, and governance (ESG) investing is growing in popularity. See some tips for discussing ESG opportunities with your clients.  ( 29 min )
    Household Debt Rises to $17 Trillion As Delinquencies Increase
    Americans have more debt than ever, and more people are falling behind on paying it.  ( 16 min )
    ONEOK Buys Magellan for $18.8B Billion to Add Oil, Refined Products
    Natural gas pipeline operator ONEOK agreed to buy Magellan Midstream Partners, L.P. for $18.8 billion.  ( 16 min )
    Atlanta Fed’s Bostic Says He Doesn't See Rate Cut This Year
    Three Fed bank presidents weighed in on the future of interest rates and inflation, with Atlanta Fed President Raphael Bostic saying he doesn't see an interest rate cut this year.  ( 18 min )
    Using Your Savings on a Mortgage Down Payment
    There are numerous low-down-payment mortgage options out there, but sometimes it makes sense to build up your savings so you can borrow less.  ( 21 min )
    Top Communications Stocks for May 2023
    DISH Network, Warner Bros. Discovery, and Opera lead the industry for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Slowing Consumer Spending Likely Weighed on Target’s Q1 Earnings
    Target, the nation’s seventh-largest retailer by revenue, will likely say earnings fell 20% in the first quarter amid a slowdown in comparable store sales and discretionary spending.  ( 17 min )
    Loans for First-Time Homebuyers: How to Finance
    If you’re a first-time homebuyer, the options for borrowing can be exponential and potentially overwhelming. Here are some home financing basics.  ( 32 min )
    H&R Block Shares Sink as IRS Considers Offering Free Tax Filing Service
    H&R Block (HRB) shares are sinking as the Internal Revenue Service (IRS) is set to release a report this week about plans to offer free online tax filings on its website.  ( 15 min )
    How to Get Pre-approved for a Mortgage
    If you’re serious about buying a home, you need to get pre-approved for a mortgage. Learn what is required so you can speed up the approval process.  ( 38 min )
    Cryptocurrencies To Watch: Week of May 15
    This week’s cryptocurrencies to keep an eye on are Kava (KAVA), Bitcoin SV (BSV), Lido DAO (LDO), Rocket Pool (RPL), and Litecoin (LTC).  ( 19 min )
    What To Expect From Tesla's Annual Shareholder Meet
    Tesla Inc. will host some shareholders at its Austin, Texas gigafactory for its annual general meeting this week, amid speculation over Elon Musk's succession planning.  ( 16 min )
    Golden Hammer
    Golden hammer refers to an excessive dependence upon a specific tool to perform many different functions.  ( 18 min )
    Top Tips for Young Financial Advisors
    A younger generation of financial advisors is ready to make their mark on the industry. Here's how they can set themselves apart.  ( 23 min )
    EU Clears Microsoft’s $69 Billion Takeover of Activision Blizzard, With Caveats
    Microsoft's purchase of Activision Blizzard, which was blocked by U.K. regulators last month, is the biggest consumer tech acquisition in more than two decades.  ( 18 min )
    Know Your Shareholder Rights
    Common stock owners have numerous privileges and should be vigilant in monitoring a company. Read on to learn what rights you have as a shareholder.  ( 25 min )
    Why So Few Houses For Sale? Pandemic-Refinancers Have 24 Billion Reasons to Stay Put
    There aren’t many houses for sale, and that’s partly because of the 14 million mortgage holders who took advantage of ultra-low interest rates in 2020 and 2021.  ( 18 min )
    Top Oil Tanker Stocks for Q2 2023
    Tsakos Energy Navigation, Dorian LPG, and TORM are the top oil tanker stocks for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Inside the Most Important Charts in the World as the Debt Ceiling Deadline Looms
    JC Parets of AllStarCharts rejoins The Express to help us find where the bulls are running across the entire global stock market, and shares his favorite wines for the Spring season.  ( 15 min )
    Top Materials Stocks for May 2023
    Cemex, Albermarle, and Patriot Battery lead for value, growth, and momentum, respectively  ( 20 min )
    Newmont Acquires Newcrest, Creating World’s Biggest Gold Mining Company
    Newmont, the world’s largest gold mining company, acquired Australian rival Newcrest Mining Ltd. for $19.2 billion in the industry’s biggest deal to date.  ( 16 min )
    Risk Measurement: Types of Risk and Ways to Measure Them
    Learn about common metrics used in risk measurement and how to use risk management techniques to assess the risk associated with an investment.  ( 24 min )
    Today's Mortgage Rates & Trends - May 15, 2023: Rates Waver
    Most mortgage averages moved slightly up, after two days of decline. The movement was minor for most loan types, though jumbo 30-year rates rose a full eighth of a point.  ( 20 min )
    What Is a Furnisher in Business? With Examples
    A furnisher is a company that provides information about a consumer, including credit history, to a credit bureau. Learn how furnishers work.  ( 21 min )
    What Is the Equal Credit Opportunity Act (ECOA)? Purpose
    The Equal Credit Opportunity Act (ECOA) is a federal civil rights law that forbids lenders to deny credit to an applicant based on any factor unrelated to the person's ability to repay.  ( 26 min )
    5 Things to Know Before Markets Open
    President Biden looks to meet Tuesday with congressional leaders on the debt ceiling and Newmont agrees to buy Newcrest in the largest gold-mining deal ever. Here’s what investors need to know today.  ( 18 min )
    Working Capital: Formula, Components, and Limitations
    Working capital, or net working capital (NWC), is a measure of a company’s liquidity, operational efficiency, and short-term financial health.  ( 28 min )
    Chattel Mortgage Non-Filing Insurance Definition
    “Chattel mortgage non-filing insurance” refers to a type of insurance product purchased by chattel mortgage providers and other financial firms.  ( 18 min )
    What Does Finance Mean? Its History, Types, and Importance Explained
    Finance is the study and management of money, investments, and other instruments. Learn about the basics of public, corporate, and personal finance.  ( 37 min )
    Emerging Market Fund Definition
    An emerging market fund invests the majority of its assets in securities from countries with economies that are considered to be emerging.  ( 20 min )
    Basis Differential
    Basis differential is the difference between the spot price of a commodity to be hedged and the futures price of the contract used.  ( 18 min )
  • Open

    Dow Jones Today: Index Inches Up Before Debt Debt Talks
    Intel rebounds from a last week’s fall, while Verizon’s 2% drop is the worst of the Dow  ( 1 min )
    Markets Make Gains on Debt Ceiling Talks, Data Ahead
    U.S. equities made small advances on Monday, May 15, 2023 on optimism about the debt ceiling negotiations, and new economic data coming this week  ( 1 min )
    5 Things to Know Before Markets Open
    President Biden looks to meet Tuesday with congressional leaders on the debt ceiling and Newmont agrees to buy Newcrest in the largest gold-mining deal ever. Here’s what investors need to know today.  ( 1 min )
  • Open

    Tienduizenden open vacatures: tekort aan personeel blijft onverminderd hoog
    Veel bedrijven staan te springen om nieuw personeel. Het aantal openstaande vacatures blijft hoog en dat betekent dat de krapte op de arbeidsmarkt nog steeds erg groot is. Vooral in de handel, zakelijke dienstverlening en de zorg zijn veel mensen nodig.  ( 3 min )
    Bijna 15 miljard euro aan munten en goud in geheim vervoerd naar opslag Zeist
    De Nederlandsche Bank (DNB) heeft de afgelopen maand voor bijna 15 miljard euro aan goud, munten en bankbiljetten verhuisd naar een opslag in Zeist, meldt de centrale bank maandag. Daar bevindt zich sinds kort het nieuwe zogenoemde DNB Cashcentrum.  ( 4 min )
    Kabinet krijgt tik op vingers voor begroting: 'Geen buffers voor tegenvallers'
    De Raad van State heeft stevige kritiek op de begrotingsplannen van het kabinet. De belangrijkste adviseur van het kabinet waarschuwt dat het kabinet met de forse uitgaven "dicht langs de vangrail" stuurt. "Er zijn daardoor geen buffers voor het opvangen van eventuele financiële tegenvallers."  ( 5 min )
    Duitsland wil kleinere lng-terminals voor de kust nu energiecrisis voorbij is
    De twee te bouwen lng-terminals voor de kust van het Duitse Rügen worden bijna de helft kleiner. De capaciteit van 18 miljard kubieke meter is niet meer noodzakelijk nu de energietekorten zijn afgewend. Ook was er protest tegen de drijvende terminals.  ( 3 min )
    Windparken op Noordzee 'voor het eerst' stilgezet om trekvogels te beschermen
    Windmolens op zee bij Borssele en Egmond aan Zee hebben zaterdag vier uur lang stilgestaan omdat massale vogeltrek boven de Noordzee was voorspeld. Zo hadden de vogels een veiligere doortocht, zegt minister Rob Jetten (Klimaat en Energie). Deze stap zou wereldwijd voor het eerst zijn gezet.  ( 4 min )
    Microsoft mag Activision overnemen van Brussel, maar deal blijft onzeker
    Xbox-maker Microsoft mag van de Europese Commissie gamesbedrijf Activision Blizzard overnemen. Toch blijft het nog maar de vraag of de overname kan doorgaan; het is onzeker of de autoriteiten in het Verenigd Koninkrijk en de Verenigde Staten ook akkoord gaan met de grootste overname ooit in de gamesindustrie.  ( 4 min )
    Brussel beslist over de grootste overname ooit in de game-industrie
    De Europese Commissie beslist waarschijnlijk in de komende dagen of Microsoft Call of Duty-ontwikkelaar Activison Blizzard mag overnemen. Maar zelfs met Europese toestemming staat de grootste overname ooit in de game-industrie op losse schroeven.  ( 5 min )
    Duitse gasleveranciers onderzocht om mogelijk misbruik prijsplafond
    Het Bundeskartellamt gaat onderzoeken of een aantal Duitse energieleveranciers misbruik heeft gemaakt van het prijsplafond bij de oosterburen. Mogelijk dat de leveranciers meer subsidie hebben gevraagd dan waar ze recht op hadden. De toezichthouder sluit niet uit dat er meer onderzoeken volgen.  ( 3 min )
    Zonnige prognose voor Europese economie, angst voor recessie zakt weg
    De Europese economie zal meer groeien dan verwacht, volgens de Europese Commissie. Het dagelijks EU-bestuur rekent op een groei van 1,1 procent in plaats van 0,9 procent. Daarmee zakt de angst voor een recessie verder weg.  ( 4 min )
    Vattenfall verlaagt tarieven voor stroom en gas tot onder het prijsplafond
    Klanten van Vattenfall met een variabel contract krijgen vanaf 1 juli tarieven die onder het prijsplafond liggen. Eerder verlaagden andere leveranciers, waaronder Eneco en Essent, hun tarieven ook al tot onder die grens.  ( 4 min )
    Vice Media vraagt uitstel van betaling aan
    Vice Media heeft faillissementsbescherming aangevraagd. Het gaat om uitstel van betaling. Op deze manier probeert het Canadees-Amerikaanse mediabedrijf de verkoop aan een groep schuldeisers te vergemakkelijken.  ( 3 min )
    Vice Media vraagt faillissementsbescherming aan
    Vice Media heeft faillissementsbescherming aangevraagd. Het gaat om uitstel van betaling. Op deze manier probeert het Canadees-Amerikaanse mediabedrijf de verkoop aan een groep schuldeisers te vergemakkelijken.  ( 2 min )
    Vast energiecontract opzeggen wordt duurder
    Vanaf 1 juni gelden nieuwe regels voor het opzeggen van een vast energiecontract. Dit betekent dat consumenten die een nieuw vast contract tekenen goed moeten opletten. Het wordt namelijk flink duurder om dat voortijdig op te zeggen.  ( 3 min )
    Turkse beurs zakt 6 procent na uitblijven van winnaar presidentsverkiezingen
    De aandelenbeurs in Istanboel is maandagochtend meer dan 6 procent gezakt. Dat komt door de onduidelijkheid over de toekomst van het land, nu er nog geen duidelijke winnaar is bij de Turkse presidentsverkiezingen.  ( 2 min )
    Argentijnen bestrijden gierende inflatie met rente van ruim 90 procent
    De Argentijnse regering wil met een pakket maatregelen de inflatie van maar liefst 109 procent bestrijden. Zo gaat de rente verder omhoog, moet de eigen valuta worden ondersteund en wil het Zuid-Amerikaanse land nieuwe deals maken met schuldeisers.  ( 3 min )
    Toezichthouder waarschuwt voor misleidende telefoontjes van energieleveranciers
    De energiemarkt krabbelt op, maar dat heeft ook minder leuke kanten. Consumenten moeten namelijk oppassen voor de agressieve en misleidende manier waarop energieleveranciers nieuwe klanten proberen te werven.  ( 3 min )
    NU+ | Nieuwe Twitter-topvrouw in aantal opzichten tegenpool van Elon Musk
    Linda Yaccarino volgt Elon Musk op als hoogste baas van Twitter, een half jaar nadat hij het sociale medium heeft gekocht. Ze is een grote naam in de wereld van de tv-reclame en belichaamt twee dingen waar Musk een hekel aan heeft: reguliere media en reclame.  ( 4 min )
    Explainer | Dure boodschappen door hogere lonen? Zo werkt een loon-prijsspiraal
    Directeur Klaas Knot van De Nederlandsche Bank waarschuwt voor een loon-prijsspiraal als de lonen te veel doorstijgen. Wat is dit precies?  ( 3 min )
    Gemeenten blijven worstelen met energietoeslag voor studenten: hoe zit dat?
    De energietoeslag voor studenten blijft een heikel punt voor gemeenten. Studenten slepen gemeentes voor de rechter, vaak met succes. Wat is er aan de hand en komt er nog een échte oplossing?  ( 5 min )
  • Open

    ONEOK Buys Magellan for $18.8B Billion to Add Oil, Refined Products
    Natural gas pipeline operator ONEOK agreed to buy Magellan Midstream Partners, L.P. for $18.8 billion.  ( 1 min )
    H&R Block Shares Sink as IRS Considers Offering Free Tax Filing Service
    H&R Block (HRB) shares are sinking as the Internal Revenue Service (IRS) is set to release a report this week about plans to offer free online tax filings on its website.  ( 1 min )
    What To Expect From Tesla's Annual Shareholder Meet
    Tesla Inc. will host some shareholders at its Austin, Texas gigafactory for its annual general meeting this week, amid speculation over Elon Musk's succession planning.  ( 1 min )
    EU Clears Microsoft’s $69 Billion Takeover of Activision Blizzard, With Caveats
    Microsoft's purchase of Activision Blizzard, which was blocked by U.K. regulators last month, is the biggest consumer tech acquisition in more than two decades.  ( 1 min )
    Newmont Acquires Newcrest, Creating World’s Biggest Gold Mining Company
    Newmont, the world’s largest gold mining company, acquired Australian rival Newcrest Mining Ltd. for $19.2 billion in the industry’s biggest deal to date.  ( 1 min )

  • Open

    Statute of Frauds: Purpose, Contracts It Covers, and Exceptions
    The statute of frauds is a legal concept that stipulates that certain types of contracts must be executed in writing to be valid.  ( 23 min )
    Wilcoxon Test: Definition in Statistics, Types, and Calculation
    The Wilcoxon test, which refers to either the rank sum test or the signed rank test, is a nonparametric test that compares two paired groups.  ( 19 min )
    Initial vs. Maintenance Margin for a Futures Contract: What's the Difference?
    Learn the values of futures contracts and the initial margin a trader must place in an account to open a futures position as well as maintenance margin.  ( 18 min )
    Be a One-Stop Shop for Your Clients
    Offering a comprehensive suite of financial services can bring in business, but coordination and customization are key to success and customer retention.  ( 20 min )
    Competitive Devaluation Definition
    Competitive devaluation is a series of currency depreciation that nations resort to in tit-for-tat moves to gain an edge in international export markets.  ( 25 min )
    Prime Rate Definition
    The prime rate is the interest rate that commercial banks charge their most creditworthy customers.  ( 25 min )
    Human Resources (HR) Meaning and Responsibilities
    Human resources (HR) is the company department charged with finding, screening, recruiting, and training job applicants, as well as administering benefits.  ( 21 min )
    Federal Open Market Committee (FOMC): What It Is and Does
    The Federal Open Market Committee (FOMC) is the branch of the Federal Reserve System that determines the direction of monetary policy.  ( 25 min )
    EBITA (Earnings Before Interest, Taxes, and Amortization) Definition
    EBITA is a measure of a company’s real performance. It can be more informative than bottom-line earnings.  ( 22 min )
    Additional Insured: Definition, Benefits, Costs, Examples
    Additional insured is a type of status associated with general liability insurance that provides coverage to other individuals/groups not initially named.  ( 24 min )
    What Is a Bank Failure? Definition, Causes, Results, and Examples
    Bank failure is the closing of an insolvent bank by a federal or state regulator. Learn what causes a bank failure and about examples of bank failures.  ( 23 min )
    Is Bitcoin Useless?
    Bitcoin passed its 10th anniversary in 2018 and reached a record price in 2021. Still, the assessments of the cryptocurrency's impact in the last decade have mostly been negative. Is Bitcoin useless?  ( 22 min )
    Target Rate Definition
    A target rate is a key interest rate that a central bank targets to guide monetary policy.  ( 22 min )
    Highest Credit Score: Is It Possible to Get It?
    You can get the maximum credit score by taking steps to reduce your debt and prove you can make payments reliably. Learn how lenders interpret credit scores.  ( 25 min )
    Insolvencies: Definition, How It Works, and Contributing Factors
    Insolvency is a situation in which an individual or company cannot pay off bills and debts. Learn about the insolvency process, how it works, and how to avoid it.  ( 24 min )
    Top Utilities Stocks for May 2023
    Enel Chile, Altus Power, and Genie Energy lead for value, growth, and momentum, respectively  ( 19 min )
    Food Prices are Finally Falling, With One Major Exception
    Checkout at the grocery store is finally getting a less painful as inflation starts to abate—unless you need baby formula.  ( 16 min )
    Owners' Equivalent Rent (OER): Definition and Relationship to CPI
    Owners’ equivalent rent (OER) is the amount of rent that would need to be paid to substitute a currently owned house as a rental property.  ( 20 min )
    These Are the 10 Biggest U.S. Startups by Valuation
    Find out the companies that made the list of the 10 biggest startups by valuation, according to a recent report published by Recode.  ( 21 min )
    Alternative Dispute Resolution (ADR): Definition and Meaning
    Alternative dispute resolution (ADR) is, in an insurance sense, a number of disparate processes used by insurers to resolve claims and contractual disputes.  ( 23 min )
  • Open

    Sea’s Path to Profit Paved With Layoffs, Single-Ply Toilet Paper
    (Bloomberg) -- Just over a year ago, Forrest Li was laid up in bed with Covid, fretting about the future of his company, Sea Ltd. So he propped himself up on a pillow to hammer out the latest in a series of memos that would change the course of his business — and perhaps the tech industry.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Chan  ( 43 min )
    Newmont Inks $20 Billion Newcrest Deal to Create Gold Giant
    (Bloomberg) -- Newmont Corp. agreed to buy Newcrest Mining Ltd. in a deal worth about A$28.8 billion ($19.2 billion) including debt, consolidating the US miner’s status as the world’s biggest gold producer.Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpNewcrest holders  ( 40 min )
    ONEOK to buy Magellan Midstream Partners in deal valued at $18.8 billion
    ONEOK Inc agreed to buy Magellan Midstream Partners in a cash and stock deal valued at around $18.8 billion including assumed debt to diversify in the midstream oil and gas industry, the company said on Sunday. ONEOK will pay $25 and 0.6670 shares of ONEOK common stock for each outstanding Magellan common unit. The deal is expected to be accretive to earnings per share beginning in 2024, with EPS accretion of 3% to 7% per year from 2025 through 2027, ONEOK said in a statement.  ( 38 min )
    Newmont Agrees to Acquire Australia’s Newcrest for $17.5 Billion
    The deal would be the largest ever in the gold-mining industry.  ( 26 min )
    Oneok to Buy Magellan Midstream in Deal Worth $18.8 Billion
    (Bloomberg) -- Energy infrastructure company Oneok Inc. will buy Magellan Midstream Partners L.P. in a cash-and-stock transaction valued at around $18.8 billion including assumed debt, according to a joint statement.Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpEach Ma  ( 39 min )
    Stocks Poised to Open Lower
    Weak consumer sentiment is weighing on stocks despite signs that inflation was easing and expectations the Federal Reserve will pause on more interest rate increases when it meets in June.  ( 22 min )
    Billionaire George Soros Loads Up on These 2 ‘Strong Buy’ Stocks ⁠— Here’s Why You Might Want to Follow in His Footsteps
    If you’re going to be forever known for one thing, being the ‘man who broke the Bank of England’ is a description many would sign up for. That is how George Soros is regularly introduced, and the story involves how he bet against the British Pound in 1992 and pocketed $1 billion from the trade in a single day. Of course, Soros’ legendary reputation does not rest solely on that headline-grabbing act, and the billionaire investor has had a decades-long career of almost unmatched investing success.  ( 42 min )
    19 Republican states accuse JPMorgan of closing bank accounts and discriminating against customers due to their religious or political beliefs
    In a letter seen by The Wall Street Journal, Republican attorneys general say the bank closed accounts and asked questions before reinstating them.  ( 39 min )
    Gold could rally to a new record high if the US defaults and investors flee to safety
    RBC Capital Markets said "in the near term, we believe gold looks like the best hedge in the more immediate offing."  ( 40 min )
    TuSimple stock delisted from Nasdaq due to unfiled financial reports
    Autonomous trucking software developer TuSimple will disappear from the Nasdaq on Monday as it is delisted for financial filings failure. The post TuSimple stock delisted from Nasdaq due to unfiled financial reports appeared first on FreightWaves.  ( 40 min )
    Walmart, Alibaba, Target, and More Stocks to Watch This Week
    First-quarter earnings from Home Depot, Cisco Systems, Take-Two, Target, Walmart, Alibaba, Applied Materials, Ross Stores, and Deere. Plus, retail sales and leading economic index.  ( 23 min )
    Fears of a US debt default are mounting as the deadline to lift the borrowing limit looms. Here's what Elon Musk, Paul Krugman and Jamie Dimon have warned.
    No content preview
    The housing market correction would regain new life if the U.S. defaults, says Moody’s chief economist
    The U.S. Treasury could run out of cash as soon as early June. That could deliver a big hit to the housing market.  ( 40 min )
    This Week on Crypto Twitter: Musk Welcomes New Twitter CEO to Get to X—the Everything App
    Bitcoin high priest and MicroStrategy chair Michael Saylor predicts the number one cryptocurrency “will chop its way up—with volatility—forever.”  ( 40 min )
    Is Bitcoin Useless?
    Bitcoin passed its 10th anniversary in 2018 and reached a record price in 2021. Still, the assessments of the cryptocurrency's impact in the last decade have mostly been negative. Is Bitcoin useless?  ( 22 min )
    Here's how to get the best exit package after a layoff
    One upshot to exit packages if you've been laid off: It may be possible to negotiate an even better severance agreement than what is initially offered.  ( 39 min )
    Walmart, Home Depot earnings, Tesla annual meeting, debt ceiling crunch top week ahead
    It's going to be another busy week for investors as regional banks continue to wobble, the debt ceiling looms and economic data flows. Corporations are also hosting annual meetings.  ( 41 min )
    Tiger Seeks to Sell Private-Company Stakes Into Secondary Market
    (Bloomberg) -- Tiger Global Management is seeking to offload hundreds of millions of dollars worth of private companies into the secondary market, according to people with knowledge of the matter. Most Read from BloombergRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyTurkey Latest: Polls Close, Count Begins in Knife-Edge ElectionG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaThe Russian Nuclear Company The West  ( 38 min )
    Dip Buyers Scorched by Cratering Bank Stocks Rush for the Exits
    (Bloomberg) -- The fear-driven selloff that’s cut the stock-market values of some banks in half may look like a perfect chance to buy the dips. If only they’d stop falling. Most Read from BloombergRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaThe Russian Nuclear Company The West Can't Live WithoutBiden Says Debt Talks Move Along as Parties Discuss ChangesAs shares  ( 41 min )
    Argentina to Boost Rates by 600 Basis Points as Inflation Soars
    (Bloomberg) -- Argentina is preparing a set of emergency measures, including raising its key interest rates by 600 basis points to 97% on Monday, as inflation spirals out of control in the run up to presidential elections, according to officials at the Economy Ministry and the central bank.Most Read from BloombergRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaThe Ru  ( 38 min )
    Abortion Bans Can Help Make This Cheap, Accessible Birth Control Pill a Hit
    The FDA’s potential approval of an over-the-counter oral contraceptive could mean a huge market for generic drugmaker Perrigo.  ( 27 min )
    Recession? Here's why top industrial CEOs are super bullish on the economy
    Top industrial CEOs are bullish on the economy, telling Yahoo Finance massive investments and reshoring efforts are among the catalysts for a recovery.  ( 40 min )
    TipRanks ‘Perfect 10’ List: 3 Top-Rated Stocks That Tick All the Right Boxes
    Even though most market watchers would agree that a recession is looming over the next hill, there are still stocks that ‘tick the right boxes,’ flashing buy-signs for investors. The Smart Score tool from TipRanks is perfect for sorting these choices from the pack. The Smart Score algorithm measures every stock according to a set of key metrics, 8 in all, that include a series of sentiment gauges as well as fundamental and technical factors, all of which are known to correlate with future outper  ( 44 min )
    Why the world should fear a commercial property crash
    On both sides of the Atlantic, people have recently been acutely worried about how the banking system would cope with higher interest rates.  ( 40 min )
    Retail sales and superstore earnings: What to know this week
    Retail sales and earnings are expected to provide investors more information on the state of the consumer after a six-month low in consumer confidence sent stocks lower on Friday.  ( 42 min )
    Vanguard vs. Fidelity vs. Schwab
    SmartAsset compares three of the largest investment companies based on usability, trade experience, offerings and cost. Learn more here.  ( 43 min )
    Americans SayThis Much Money Will Make Them Feel Happy & Healthy
    Many Americans don't feel financially confident. In fact, a recent study found that you'd need to earn around $128,000 to have financial confidence.  ( 39 min )
    Reality of ocean container volume far cry from China reopening hype
    It is becoming increasingly clear that hopes of a container boost from the reopening of China are all but gone. The post Reality of ocean container volume far cry from China reopening hype appeared first on FreightWaves.  ( 43 min )
    Edward Jones Says This Generation Is Most Likely to Experience Financial Hardship
    While no one is immune to financial hardships, new research from financial services firm Edward Jones suggests that perhaps those in the millennial generation are particularly vulnerable. In a survey of financial advisors, 43% of the experts polled said that … Continue reading → The post Edward Jones: Millennials Are the Most Likely to Experience Financial Hardship appeared first on SmartAsset Blog.  ( 38 min )
    RIP, Lumber-Futures Contract That Jumped During Covid-19
    The longtime barometer of wood prices and building activity is being replaced with a new lumber-futures contract in an effort to boost trading.  ( 27 min )
    Employers are becoming more open to hiring older workers
    Over 3 in 5 employers said they gave a “great deal” or “quite a bit of consideration” to job applicants age 50 and older when recruiting in 2022.  ( 41 min )
    Top Utilities Stocks for May 2023
    Enel Chile, Altus Power, and Genie Energy lead for value, growth, and momentum, respectively  ( 21 min )
    How to end the US debt ceiling stand-off
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Giant Pension Sold Alibaba, Lululemon, and GE Stock. Here’s What It Bought.
    The New York State Common Retirement Fund is third-largest public pension in the U.S.  ( 23 min )
    Flexible work is feminist–and women won’t return to a system that hasn’t served them well to spare the feelings of powerful men
    It is hardly a coincidence that the demographic which benefited most from the old system has also expressed the most anxiety about changing it.  ( 42 min )
    An elderly man was scammed out of millions. Could the bank have done more to prevent fraud?
    Larry Cook, 76, wired $ 3.6 million to possible scammers abroad. The bank reported him to adult protective services, but continued wiring his money.  ( 43 min )
    Investors Are Nervous—And That Could Support Stocks
    Fund managers have the lowest exposure to stocks relative to bonds since 2009.  ( 25 min )
    Plunging Tax Revenue Accelerates Debt-Ceiling Deadline
    The pandemic led first to a boom, and now a bust, in tax collections.  ( 27 min )
    ‘We didn’t ruin Cadbury – we made it better’
    Cadbury needed to be taken over to improve its flagging business, the chief executive of its US owner has claimed.  ( 43 min )
    Amazon to increase delivery speed while cutting costs
    Amazon has made major changes to its logistics operation aiming to reduce travel distance resulting in faster delivery and lower costs.  ( 39 min )
    Algorithms prop up the market as fretful humans sit out the uncertainty
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Cash-strapped Novavax urges governments to honour Covid jab deals
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Tech CEO explains what's causing mass layoffs
    Kaseya CEO Fred Voccola discusses issues facing the technology sector and shares how his Miami-based company is finding success on 'The Big Money Show.'  ( 38 min )
  • Open

    Ambtenaren gingen vorig jaar het vroegst met pensioen
    Personeel in de zorg, het onderwijs en het openbaar bestuur ging vorig jaar het vroegst met pensioen. Wie werkte in de landbouw, visserij en dienstverlening bleef juist het langst doorwerken. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    Milieudefensie: 'Shell houdt zich niet aan vonnis in klimaatzaak'
    Oliebedrijf Shell doet lang niet genoeg om zich te houden aan de uitspraak in de klimaatzaak die Milieudefensie in 2021 heeft gewonnen. Het bedrijf heeft voor het leeuwendeel van de CO2-uitstoot nog altijd geen goed reductieplan, stelt de milieuorganisatie.  ( 4 min )
    Zoektocht naar betaalbare kop koffie zorgt voor tekort aan goedkope bonen
    Koffiedrinkers stappen door de hoge inflatie steeds vaker over op goedkopere soorten koffie. Daardoor is er meer behoefte aan de robustasoort, die doorgaans goedkoper is dan arabicakoffie. Maar boeren hebben steeds meer moeite die vraag bij te benen.  ( 4 min )
    EU krijgt nieuwe begrotingsregels en stuurt niet meer star op bezuinigen
    De Europese Unie krijgt nieuwe begrotingsregels. Het idee is dat Brussel minder rigide vraagt om extra bezuinigingen als landen toch al in de problemen zitten. Een hele verbetering, vinden experts, maar het is niet zonder gevaren.  ( 7 min )
    Europa krijgt nieuwe begrotingsregels en stuurt niet meer star op bezuinigen
    Europa krijgt nieuwe begrotingsregels. Het idee is dat Brussel minder rigide vraagt om extra bezuinigingen als landen toch al in de problemen zitten. Een hele verbetering, vinden experts, maar het is niet zonder gevaren.  ( 7 min )

  • Open

    The housing market has frozen over. Here's why experts say home affordability isn't getting better any time soon.
    No content preview
2023-06-12T10:13:14.600Z osmosfeed 1.15.1